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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Roots of a financial mess

Excerpts from “Anatomy of a train wreck: Causes of the mortgage meltdown,” a chapter written Aug. 22, 2008, by University of Texas at Dallas economics professor Stan J. Liebowitz for the upcoming book “Housing America: Building Out Of a Crisis,” edited by Benjamin Powell and Randall Holcomb, Transaction Publishers, 2009...
http://www.bostonherald.com/business/general/view/2008_10_06_Excerpts_/srvc=home&position=also

Expert: Hub study at root of housing crisis


Angry taxpayers and politicians looking for someone to blame for the current economic crisis may have no further to look than the Boston Federal Reserve Bank, according to a top academic.

The stunning rise in U.S. home foreclosures, which is a root cause of what has become the greatest economic crisis since the Great Depression, was made possible by flexible mortgage-lending standards championed by the Boston Fed in the mid-1990s, according to Stan Liebowitz, an economics professor at the University of Texas at Dallas...

http://www.bostonherald.com/business/general/view.bg?articleid=1123690&format=&page=3&listingType=biz#articleFull



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