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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Auction postponed on actor Stephen Baldwin's Rockland house

July 7, 2009

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UPPER GRANDVIEW - A public auction on actor Stephen Baldwin's foreclosed Upper Grandview home has been postponed for 30 days.


The auction, first set for June 24, was pushed back to noon July 22 at the Rockland County Courthouse in New City. Baldwin was granted the postponement and is seeking options on paying back his defaulted mortgage, said Donna Marie Jendritza of Litton Loan Servicing, the company managing the mortgage.

Baldwin and his wife, Kennya, purchased the 1.4-acre home in 1997 for $515,000 and now owe Bankers Trust Co. $824,000 for the mortgage. Brad Taylor, Baldwin's publicist, told last month that Baldwin is "going through a legal situation regarding his mortgage" and that no auction would be happening.

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4 Justice Now
The balance rose from $515,000 to $824,000. 

Well, It appears as if his notoriety only goes so far, as it didn't seem shield him from the typical litton loan servicing fees.


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