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.cnbc.com/id/39701449

Unfortunately most of the crooks behind this mess will get the same free-pass.  I am surprised Ms. Morgenson went as easy as she did on him.  He is still living here:

http://virtualglobetrotting.com/map/angelo-r-mozilos-house/view/?service=1
 (His shack is the one with the pool)

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