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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Chase offers mortgage holders a way out


By Mark Puente, Times Staff Writer
In Print: Saturday, April 30, 2011


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JP Morgan Chase has a deal for some homeowners behind on their payments: If they'll accept a quick sale of their home, the bank will give them $10,000 to $20,000 and forgive what it loses on the mortgage.

Homeowners get the cash after the home is purchased in a short sale, meaning the buyer pays less than what the bank is owed.

Full story at http://www.tampabay.com/news/business/realestate/chase-offers-mortgage-holders-a-way-out/1166880

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