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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CBASS former owner of LITTON LOAN has until 5pm today to file a response to the city of Buffalo's Law Suit.  Default Judgments are being prepared to be filed as early as Monday, should they default.
 
This could bring the end of CBASS via Forced Bankruptcy. It could also have a significant impact on MGIC AND RADIAN that are major stock holders of CBASS.  The once "High Flying" company Tony Ettinger founded that covered hundreds of millions of dollars in mortgage documents into Securities debt, and sold them several times over.  The company's RADAR system, a propriety computer system that "Targeted" mortgage holders for "Manufactured Foreclosures" continues to be dismantled, and unwound from MGIC/RADIAN and Litton Loan's system LSAMS, That I understand has been renamed now. 
 
Lets see what happens before 5pm today!
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Found the link Message Board - Buffalo follows Cleveland, sues lenders & servicers over abandoned houses
 
Here is the link to the PDF:
http://media.buffalonews.com/smedia/2008/03/01/08/Buffalo___Brown_vs._banks_in_lawsuit.2.08.source.prod_affiliate.50.pdf
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