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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Judge's landmark ruling could slow foreclosures


A
Suffolk Superior Court judge has issued a potential landmark order slowing down thousands of Massachusetts foreclosures and declaring whole classes of subprime mortgages structurally unfair under state law...

Read the story here:

http://www.bostonherald.com/news/regional/general/view.bg?articleid=1076105&srvc=home&position=5


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Curious

Be sure to read the posts associated with this article.

You may be inclined to think that the posters are,

 "Unemployed" loan officers, and mortgage brokers ;-)


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Yeah, those comments were pretty funny.

Wait until one of them gets sucker punched by a predatory mortgage servicer
and I'm betting the sarcasm will leave them quickly while they read up on
the issue instead of commenting from an ignorant state of mind.

Dee
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Carol
They probably are unemployed mortgage brokers and loan officers. In about 90 days they are going to wish they had not been "fools" and signed on the dotted line!
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