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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The Equitable One
A recent case (November 19, 2010) out of the Court of Appeals of Indiana, Florence R. Lacy-McKinney v. Taylor, Bean & Whitaker Mortgage Corp.

Available at:

http://stopforeclosurefraud.com/2010/11/26/indiana-appeals-court-reversal-lacy-mckinney-v-taylor-bean-whitaker-mortgage-corporation/
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connect the dots
VERY SIGNIFICANT DECISION--

Attorney for the appellant has made the connection to HUD requirements on servicing. NOW LETS SEE IF OTHERS WILL CONNECT THE SAME LAW TO GSE GUIDELINE REQUIREMENTS.

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Mike
You would think this is helpful but it's really not as much as it could be to those of us in Indiana.  I don't have an FHA loan so no help. 

At the time Taylor-Bean filed its complaint, the security interest in the subject mortgage was in the name of Mortgage Electronic Registration Systems, Inc. (“MERS”) “(solely as nominee for [Taylor-Bean] . . . and [Taylor-Bean`s] successors and assigns).” Appellant’s App. at 8. After MERS assigned the security interest to Taylor-Bean, Taylor-Bean filed an amended complaint. Lacy-McKinney initially argued that summary judgment in favor of Taylor-Bean must fail because Taylor-Bean had no interest in the Property at the time the original complaint was filed. Id. at 102-03. Lacy-McKinney does not raise this issue on appeal.
 
 
 
 
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