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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If they pay, they stay

Hub bill would ban foreclosure evictions

Warning that America is experiencing a “housing emergency,” six Boston city councilors want to force lenders who foreclose on Hub properties to rent seized houses and apartments back to occupants.

“The United States is facing a national housing emergency (and) the City of Boston is facing a serious public emergency in regards to foreclosures,” Councilors Michael Flaherty, Steve Murphy, Michael Ross, Chuck Turner, Charles Yancey and Sam Yoon write in a new home-rule petition.

The proposal would order lenders to lease foreclosed properties back to ex-owners or tenants at market rates until either third parties buy the homes or the measure expires in 2014. Violators would face fines of at least $10,000...

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