Tuesday, January 21, 2014


Thousands of Washington Mutual Bank FA (WMBFA)  mortgage Notes were endorsed in blank within days of when their mortgage loans closed, in the Note Review Department within WAMU's Secondary Delivery Operations.  Thousands of WMBFA notes were stamp endorsed in blank allegedly by Cynthia Riley, a.k.a. Cindy Riley, as Vice President of Washington Mutual Bank, F.A.  

  • Did Cynthia Riley actually endorse the notes?
  • Or did robo-stampers endorse the Notes?
  • Was Riley in a position of authority to endorse Notes at the time your Note was endorsed?
  • Was Riley an employee of WaMu or its affiliates overseeing Note Review at the time your Note was stamp endorsed in blank?  
  •  Is this another bank scheme to steal your home?

Thousands of Washington Mutual Bank FA (WMBFA)  borrowers have learned through various discovery methods to include customer requests and subpoenas that the Note for their mortgage loans were at some time, immediately after their mortgage loans closed, were stamp endorsed in blank by Cynthia Riley, a.k.a. Cindy Riley, as Vice President of Washington Mutual Bank, F.A.  See the example below photographed from a WMBFA Note that closed in late 2007. To see other examples go to this document.

"The Deposition of Cynthia Riley" reveals more shenanigans by WAMU and JPMorgan Chase Bank and raises more legal questions.  Riley was deposed in the matter of JPMorgan Chase Bank, N.A v. Eduardo Orazco, case No: 09-29997 CA (11), Fla. 11th Circuit Court, taken January 15, 2013 in Jacksonville, Florida.  This blogger obtained the deposition through PACER as recorded in the US Bankruptcy Court in San Jose, CA in the adversarial proceedings of James Madison Kelley v. JPMorgan Chase Bank, NA.  This deposition is a matter of public record.

Riley had given two prior depositions, one in Florida (Tavares) and in an unidentified case in New York.    On August 29, 2011 as Cynthia A. Riley she gave a deposition in JPMorgan Chase Bank, N.A. Successor Washington Mutual Bank v. Sherone D. Waisome & Verna Waisome; Lake County, Florida Circuit Court Case No. 2009 CA 005717.  This Riley Deposition was filed under seal on December 8, 2011.This deposition in Chase v. Orazco was her third deposition. (Pages 5, 6)

Cynthia A. "Cindy" Riley claims to have been "with Chase or Chase affiliates for 25 years."  She included prior institutions that Chase or WAMU had acquired. (Page 4).  She stated that she had worked in the Secondary Delivery Operations at Washington Mutual Bank whose purpose was to prepare, endorse and deliver loans to Fannie Mae, Freddie Mac, Lehman, Ocwen, Bayview, GMC, and private investors who bought the loans.  (Source:  pages 23, 36, 39, 41, 42, 47 and 48.)

Riley testified under oath that began her banking career in approximately 1987 with American Savings Bank in Stockton, California as a supervisor in the records area. [Note that the bank was not founded until 12/27/1988.]  She supervised a team of employees responsible for tracking credit files as they were shipped in and out. (P. 12,13).  After one year she became a trainer under the supervision of Karen Moran.  After another year or year and a half she became a supervisor in the customer service call center (P. 16) after which she became a tax and insurance supervisor (P. 17).  Then she moved to purchase servicing, a team that coordinated the service transfers and bringing them on board to the servicing systems.  Her job "as purchase servicer was to get those loans on board." (p. 18)  Riley was involved in Purchase & Servicing until November 2006 (p. 22).  

Riley 's servicing responsibilities evolved over time. "I stayed in a department.  It was -- became secondary delivery operations.  The purchase and movement of whole loan sales and so on occurred in that department. (p 23).  "Then I took on, in Stockton, the note review unit and was also involved in special projects outside of those functions." (p 24).  She worked as to the movement of whole loan sales meaning that the loan file was sold along with the servicing.  The files would be collected.  The collateral would be collected and shipped to servicers, purchasers of that.

Riley indicated that she was involved with note review in Stockton, supervising the unit that performed note review. (p 25)  "We got electronic data. . . And we had the note."  The origination centers input the electronic data.  The notes were endorsed in Stockton and shipped to the custodian in the same building. (p 28)  When pressed she stated she was "the supervisor for that unit sometime 2001. (p 29) She reviewed data and endorsed the notes in blank with an endorsement stamp bearing the signature of Jess Alamanza (VP secondary delivery operation) on the endorsement stamp. (p 30, 31)  Riley supervised a 10 - 12 person team using the endorsement stamp. "around 2002, 2004 to then." (p 31, 32)  Riley indicated that she was not personally endorsing those notes nor was she herself using the Jess Alamanza stamp to endorse the notes. (p 33)   Prior to June 2004 when the operation moved from Stockton, California to Jacksonville, Florida the Jeff Alamanza stamp was used to endorse notes at the Stockton facility.

Riley did not remember when WaMu took over American Savings as "it was seamless to me.  I had the same job functions." (p 26)  [This occurred in October 1997.] The notes that were originated were brought to Stockton (p 26).

In January 2004 Washington Mutual Bank FA [WMBFA] acquired Washington Mutual Bank [WAMU]. Then on April 4, 2004 WMBFA changed its name to Washington Mutual Bank (WaMu).  In June 2004 Riley left WaMu in Stockton and relocated to WaMu in Jacksonville, FLorida.  Her manager 1st VP Brenda Brendle had requested Riley make the move; Brendle does not work for Chase.  WaMu Stockton closed. WaMu moved its headquarters from Stockton, California to Henderson, Nevada.

Circa June 2004 Riley was promoted to Vice President and served as the department manager for Secondary Delivery Operations for WaMu in Jacksonville, Florida. As department manager she supervised 30 to 40 people from June 2004 to November 2006.(p 37, 38). The department "delivered on the deals that were made by secondary marketing. "The bulk of our work was sold to Freddie and Fannie." (p 41)  Other entities included Lehman, Ocwen,  Specifically between June 2004 and November 2006 Riley managed the WaMu Note Review Unit in Jacksonville, Florida, at which employees reviewed the notes for accuracy, endorsed the notes, then moved them to the custodian.  ( p 46)

Riley's staff of 10 - 12 people in the note review department endorsed the notes using the facsimile stamp (p 48). actually "multiple stamps, nine to ten stamps" bearing Riley's signature.  Riley provided her signature to the bank for the stamps. ( p 49).

Security procedures were established for safekeeping the stamps.  "The stamps were in a secured location requiring card access only by the collateral note review people."  "they were in a locked cabinet.  The lead manager of that unit would unlock the cabinets.  The lead manager of that unit would unlock the cabinets.  In the morning the stamps would be checked out on a log. They would be used as the representative needed to do during the day.  At the end of the night they were checked back in and logged back in to the secured cabinet.  And, again, the room that the note review occurred in was a secured access only."  "I had a manager over that team.  She had a lead." (p 50) Riley did not know what the process was for making the stamps.  She never inspected the stamps to ensure that the signatures on the 9 - 10 stamps were different or the same. (p 56)

Riley stated that once the notes were endorsed in the note review department that they then sent the Notes to the custodian who stored them in the vault.  One vault was in Jacksonville, Florida.  For a short period of time after June 2004 notes were shipped to Stockton.  Other notes were shipped to Vernon Hills, Illinois. "A vault was built in Florence, South Carolina.  (p 53)

Employees of the note review department stamped the notes within days after closing the loan as a matter of business practice.  (p 83).

Riley attested that she "never put an endorsement stamp on the notes." (P 57, 58)  Her team endorsed 200 to 300 notes per day of the 2,000 to 3,000 notes that she stated were coming in per day. The team compared certain data on the note to what was in the system. (p 58) 

Riley managed her team to productivity. They also had quality control checks.  Pat Eyles was the manager of the note review unit; her lead was Karen Woodward. (p 68)

In November 2006 Riley left [was laid off from] the Secondary Delivery Operations Department. (p 52) when the department in Jacksonville closed and moved to Florence, South Carolina.  Riley did not relocate to Florence; she stayed in Jacksonville. (p 60, 61) From November 2006 to about November 2007 Riley "did project management work for about 12 months . . . involved with was helping to move the custodial vault from Stockton  to Florence, South Carolina."   (p 62)  She coordinated meetings and activities.  {The deposition was murky as to whether or not she was an actual employee of WaMu or a contractor for the period November 2006 to November 2007 or what she did between November 2007 and January 2009.)  No secondary delivery operations were going on in Jacksonville by the end of 2006.  (p 64)

Riley never supervised any employees or oversaw endorsement of notes in Florence, South Carolina. Riley's counterparts performed those functions in Florence, South Carolina . (p 78)  She did not herself endorse notes with a stamp. (p 79)  Florence had its own secondary delivery operation and note review department.

In the Riley Deposition under oath and penalty of perjury, Cynthia Riley stated that she was laid off by Washington Mutual Bank (a.k.a. WMBFA) in November 2006.  It seems that she was no longer a vice president of either Washington Mutual Bank or Washington Mutual Bank, F.A. at the time that blank endorsements would have been made on the mortgage note in question.  (Pages 64 & 65 of the Riley Deposition.)  

Legal questions abound as the stamped blank endorsements on the WAMU and WMBFA notes produced by JPMorgan Chase in countless foreclosure cases could not have been made nor authorized by Riley on mortgages that closed after November 2006.  

Are these Notes endorsed in Cynthia Riley's name after November 2006 fake or a possible act of  fraud on the Court in foreclosure lawsuits across America?  

Does JPMorgan Chase Bank N.A. have any standing whatsoever?
How is it that thousands of WaMu and WMBFA notes made after November 2006 came to be endorsed by Cynthia Riley when she was no longer employed as a Vice President in WaMu's Secondary Delivery Operations or Note Review?  Did WaMu ship the endorsement stamps bearing Riley's signature  to the Florence facility where unidentified individuals continued using them to endorse WaMu notes? Note that per her deposition that in November 2006 Riley was "laid off and subsequently got a job back with JP Morgan" in January 2009 working in the default division in MIS, management information systems, where she provided information to the auditing agencies (Moody's, S&P, Fitch.)  (p 65). Riley was not a vice president of Washington Mutual Bank or Washington Mutual Bank FA in September 2008 when the FDIC took over WaMu and sold the assets to JPMorgan Chase Bank, N.A.  As of the date of the deposition Riley was still at MIS at JPMorgan Chase Bank, NA. (p 67) 

  • 1987 or thereabouts Cynthia Riley allegedly went to work for American Savings in Stockton, CA.
  • December 27, 1988 American Savings was established and headquartered in Stockton, CA
  • October 1, 1997 Washington Mutual Bank, F.A.acquired American Savings.
  • April 4, 2004 Washington Mutual Bank FA changed its name to Washington Mutual Bank after WMBFA acquired it in January 2004; it became known as WaMu and moved its headquarters from Stockton, CA to Henderson, NV.
  • June 2004 WaMu promoted and transferred Cynthia Riley, as a VP of Secondary Loan Operations in the Note Review Department, from Stockton, CA to Jacksonville, Florida.
  • November 2006 WaMu laid off Cynthia Riley and moved its Secondary Loan Operations and the Note Review department from Jacksonville, FL to Florence, SC.
  • November 2006 - circa November 2007 Riley did contract project work for WaMu; she was no longer Vice President at Washington Mutual Bank or affiliates.  Riley was not transferred nor was she ever employed by WaMu in Florence, SC.

  • As of November 2006 Riley was never again employed in the Note Review Department of WaMu nor at JPMorgan Chase Bank, NA.

  • November 2006 to about November 2007 Riley "did project management work for about 12 months . . . involved with was helping to move the custodial vault from Stockton  to Florence, South Carolina."   (p 62)  She coordinated meetings and activities. 

  • September 25, 2008 the FDIC as Receivor took over WaMu and on that same date entered into a whole bank purchase and assumption agreement with JPMorgan Chase Bank, N.A.
  • November 2007 - December 2008 Cynthia Riley's employer, if any, is unidentified in the Riley Deposition.
  • January 2009 JPMorgan Chase Bank NA hired Cynthia Riley to work in default operations in Management Systems Operations.

Consult with a qualified attorney about your situation and how 
this may impact your foreclosure cases.


  1. You want a REAL fucking treat? Contact the county court/recorders office in Jacksonville Florida and request a copy of the bitches own home loan, here, let me help you out a bit:

    Cynthia A. Riley (H) (a Kenneth Somebody or other is listed as her husband)
    (a.k.a.“ Robo-Riley”)
    849 Cloudberry Branch Way
    Jacksonville, Florida 32259

    This is EXACTLY the way I listed her address printed in the c.c. section of an open letter addressed to another banker scumbag, Andrew Beal. My friends original loan was a WAMU with bitch rubber stamped on the blank assignment.
    What's the "treat" I promised? One of your retinas is probably going to blow out and leave a bloody puddle on your desk when you compare her TRUE signature on her loan docs to her 'validated' rubber stamp crap that she testified was her actual signature....NOT! NOTHING CLOSE! If I recall, a certified copy of her loan docs cost me about $10 bucks plus a pre-paid Fed-ex turnaround.
    BTW, the "c" is still employed with Chase Bank in Jacksonville, I misplaced the branch/phone number so I'm calling tomorrow to get the street address to her work. I'm sending the open letter to both her home and work. She's likely to shit logs because I will share her location with the planet!

    1. Hello, My note has never had her name on it and now that the bank is trying to steal my home they put her stamp on the sig page. do you have a copy of her home loan with signature that you could send me to compare? jamanos@aol.com

    2. I hope you didn't forget... Post That SHIT!!!! Yeeeee!

    3. WOW! just looked at her signature on her home mortgage and Note. That is NOT her signature on that stamp! PERIOD! GREAT catch!

  2. You all are missing the important part of all of this. It does not matter what her stamp sig looks like, she swears in her depo that no one had access to her stamps locked in a safe in a locked room, and no one could have used it without her supervision AS AN EMPLOYEE. She states there is no way they could have used it after she left. It was not the way they did her job, legally.

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