Fringe Tucson Mayoral Candidate Goes On 'Home' Hijacking Spree, Staking Claims To Vacant Fannie-Owned REOs Throughout Metro Phoenix

In Phoenix, Arizona, The Arizona Republic reports:

• A Tucson mayoral candidate from a fringe political party has seized dozens of foreclosed homes in metro Phoenix, changing the locks, kicking out real-estate agents and posting "Do Not Trespass" signs.(1)



• [The curiously-surnamed] Marshall Home, who claims many foreclosures are illegal, has filed documents in the past two weeks with the Maricopa County Recorder's Office showing he has supposedly taken ownership of at least 21 homes belonging to government-owned mortgage giant Fannie Mae. But none of the documents shows any money has changed hands, and Fannie Mae says it has not sold the houses.



• Real-estate agents and experts say Home's documents, a type of real-estate form called a special-warranty deed, aren't valid.

For more, see Tucson mayoral candidate on odd spree of house claiming (He seizes, but doesn't own, 21 foreclosures).

(1) Reportedly, two real estate agents got a call from their brokerage telling them Independent Rights Political Party Trust had sent a letter saying it "acquired all rights" to a Fannie Mae REO they had listed for sale. The notice reportedly told the real-estate agents they had 72 hours to remove their signs and lockboxes, but after rushing to the house wondering what was happening, Home's group had already taken their lockboxes, installed new locks and posted signs saying the house was under video surveillance and any trespassers would be "dealt with to the fullest extent of the law." A special-warranty deed, stamped by the Maricopa County Recorder's Office, also was posted on the window of the home, saying Federal National Mortgage Association had conveyed the property to the Independent Rights Party, signed by Home and his notary, but with no signatures from Fannie, the story states.