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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EMC Mortgage Corporation Announces Executive Changes

Tuesday, June 3, 2008
 
EMC Mortgage Corporation announced that Teji Singh and Melinda Napoli have been named executive vice presidents. In addition, Katherine Reynolds has been named vice president within the customer relations division

Ms. Singh will concentrate on the development of EMC’s proprietary servicing default system and will be based out of EMC Mortgage’s Irvine, Calif., office. She has more than 17 years of mortgage and financial industry experience and previously served as executive vice president and chief loan administration officer for ResMAE Mortgage Corp. and senior vice president and chief servicing officer at Option One Mortgage Corp.

With over 19 years of mortgage and financial industry experience, Ms. Napoli will focus on working with EMC’s real estate-owned department. She will also be based out of EMC Mortgage’s Irvine office and prior to joining EMC Mortgage served as senior vice president of continuous improvement at ResMAE Mortgage Corp.

Ms. Reynolds will focus on default technology and processing and will be based out of the company’s Lewisville office. She previously was vice president and business solutions consultant with Fidelity National Information Services and has held various management positions with e-Original, Caledon Loan Servicing and Homecomings.


In other words.....these new hireds will focus on Mortgage Servicing Fraud innovations, cover-up technology and disposition of stolen homes.


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H. Gosh

Not to mention creation of fradulent documents!!!

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