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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Scams by the Financial institutions have hit a brick wall in the MORTGAGE industry, so they have turned to our children using the same fatally-flawed GSE BUSINESS MODEL.

A Review of The Student Loan Scam: The Most Oppressive Debt in U.S. History – and How We Can Fight Back by Alan Michael Collinge

By Carolyn Betts and Catherine Austin Fitts

The Preface begins:

 “The truth is that I never considered student loans to be an especially interesting topic. College

 debt, I believed, was a necessary evil – to be repaid expeditiously and then forgotten even more

 quickly. However, what I once thought of as an uninteresting issue has come to dominate my


This highly informative book was written by a 1998 graduate of Cal Tech with three degrees in

 aerospace engineering who, after a student loan nightmare that took him from an original

 relatively modest $38,000 Sallie Mae loan to an obligation of $80,000 by 2002 and $103,000 by

 mid 2005. At that point he started the website in an effort to hook up

 with others in similar straits, share stories and become politically active in restoring consumer

 protections for student loans

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