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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this deal stinks. it doesnt go after the rest of the thugs in the mortgage industry that are doing the same things that those who settled did. Select Portfolio Servicing, Steven Baum, Bank of NY and who knows how many others out there. And to give people $2k each who lost their homes. Seriously????? they can keep their $2k-it doesnt even begin to cover pain, suffering, depression, disruption of families and neighborhoods.
Once again the idiocy of the government screws the little guy
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The sense of value is injurious and insulting.  Each wronged party is worth a mere
2K of chump change.  Absolutely disgusting.

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