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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Nye Lavalle
"Heads to roll" says Gasperino on CNBC today around 1:10 PM. Bear is reported to write down about 3.2 billion in losses which will take 1.6 years to recoup he says. Says potsmoking Jimmy Cayne's head on block!
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