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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WamU
Washington Mutual is looking for a buyer
Los Angeles Times -
WaMu's problems illustrate how the US savings and loan industry ran into trouble during the housing boom by joining nonbank lenders such as Ameriquest Mortgage Co. and New Century Financial Corp. in writing high-risk mortgages as housing prices peaked.


Speaking of?
Roland%20Arnall.jpg
Republicans & Regulation: Crisis Makes for Strange Bedfellows
Nashville Scene -
... where mortgage salesmen would convince the elderly to refinance their homes usury rates. At one point in 2005, Bush even nominated one of the nation’s biggest predatory lenders, Ameriquest’s Roland Arnall, as ambassador to the Netherlands.

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