Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
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TommyD

http://www.wsoctv.com/money/18598405/detail.html
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arkygirl
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Action 9 sent Litton Loan Servicing corporate office in Houston, TX a letter. No one responded, but Price was informed Action 9 was not authorized to speak for her. However she was told the company would reapply $1,514 to her account to bring her loan current.


Isn't it amazing how quickly these scumsuckers "find" the money and "reapply" it to the account after the media spotlight has been shone on them.

How can anyone "reapply" money to an account? Litton had received this money, "applied" it somewhere and then had to "reapply" it to make the account current?

This begs the question as to where this money was "applied" before it was "reapplied". "Corporate advances"? "Suspense account"? "Forced placed insurance account"? "The company picnic fund"? In Larry Litton's pocket? Who knows. Even when forced to do the right thing these servicing companies expose themselves as frauds.

The press is becoming more powerful now as the people working for the media are beginning to see through the scam and understand more about it.


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