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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http://www.sun-sentinel.com/business/fl-palm-beach-foreclosure-court-20100708,0,1176352.story?track=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+sun-sentinel%2Fbusiness+%28Business+News+%2F+South+Florida+Sun-Sentinel%29&flv=1


Palm Beach County Chief Judge Peter Blanc said moving foreclosures through the system is intended to get vacant homes back on the market and improve overall property values.

The new employees will increase the number of summary judgments processed in Palm Beach County from 1,000 per week to 2,000, Blanc said.

A motion for a summary judgment is typically filed by the lender after a homeowner's answer to the foreclosure filing. If the owner does not object to the foreclosure, it can be a quick proceeding in favor of the bank.

Homeowner activists fear increasing the rate at which summary judgments occur is unfair to borrowers, but Blanc said the court wants to be fair while also reducing the backlog.

"We want to be efficient, but not rush," Blanc said.


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