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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Fitch Rates $648.4MM Bear Stearns Asset Backed Securities
August 30, 2007 04:48 PM Eastern Daylight Time
In addition, the ratings reflect the integrity of the transaction's legal structure as well as the capabilities of EMC Mortgage Corporation as Master Servicer.

Fitch Ratings Definitions
http://www.fitchratings.com/corporate/fitchResources.cfm?detail=1

What a crock!

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