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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h gosh
From
May 17, 2009

Sub-prime king for ‘boiling in oil’

Angelo Mozilo, the banker blamed for dodgy home loans may face justice

               
Angelo Mozilo
       

Angelo Mozilo looks like what he is - a butcher’s boy from the Bronx made very, very good. His dazzling white teeth are set in a perma-tanned face that tops a suit so loud it should come with ear plugs. Now the 70-year-old looks increasingly likely to be the first, and perhaps only, big name to face charges over the sub-prime home-loans scandal.

Link to the rest of the article below:

http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article6301539.ece

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O -

 LOL!!! I like that title!

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Big Mac

Click image for larger version - Name: Countrywide_payback_2009.jpg, Views: 182, Size: 24.83 KB
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Stephen

What about Arnall in absentia?

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.
Stephen wrote:

What about Arnall in absentia?



You can't prosecute dead people but there are plenty of co-conspirators but the prosecutors are afraid to go after the kingpins because it would evntually hookup to powerful people in Washington.
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Arnall's Fmr Employees

Road to Ruin: Mortgage Fraud Scandal Brewing 7min. video

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Stephen

Hmmmm,  seems you could go after the late racketeer's estate.  As far as going after him because of the people it would expose, all the better.

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arkygirl
How about we just let Nancy Pelosi waterboard Mr. Mozilo until he agrees to return all ill-gotten gains and confesses to being the reincarnation of Al Capone?

Waterboarding is not torture, whereas boiling in oil probably is.

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Stephen

I like your thinking.  He's probably impervious to hot oil anyway.

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mortgage investigator

I say we start frying these scum attorneys , that aided and abetted in this crime .  there seems to be a fan favorite here , ekonomides , from his mug shot , he looks alot like mozillo . just out right  ugly  , waterboarding might improve his looks .

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alexa

lol  with  his  fake tan--  he  already  looks  like  he's  deep-fried  in  oil  already..

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