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 Iowa Court of Appeals recently reversed a summary judgment granted to BAC Home Loan Services due to disputed issues as to material fact as to conditions precedent.  This case is another one of many showing that Mr. Roper's suggested conditions prededent defense can be effective in select cases where notices are defective.  The case is:

BAC Home Loan Services LP v. Drew, No. 2-1089/12-0755 (Iowa February 13, 2013)

It should be noted that this decision erroneously identifies conditions precedent as an affirmative defense, probably because it was improperly plead by the defendant.  Conditions precedent is never an affirmative defense in Iowa or any other state.  Satisfaction of conditions precedent is an essential element of any plaintiff's cause of action, as has been discussed in other threads.
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This is the first I've heard of any useful cases/opinions coming out of Iowa.
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