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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A case on the massive foreclosure fraud PONZI scheme, that shows the Loans Never Were Transferred into Trusts.

http://www.scribd.com/doc/105867837/Loans-Never-Were-Transferred-into-Trusts-Hsh-v-Barclays-Consolidated-Complaint


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Bill
Richie Collins wrote:
A case on the massive foreclosure fraud PONZI scheme, that shows the Loans Never Were Transferred into Trusts.

http://www.scribd.com/doc/105867837/Loans-Never-Were-Transferred-into-Trusts-Hsh-v-Barclays-Consolidated-Complaint




This case doesn\\\\\\\\\\\\\\\'t \\\\\\\\\\\\\\\"SHOW\\\\\\\\\\\\\\\" anything. It\\\\\\\\\\\\\\\'s a lawsuit from some of the investors against the issuer of MBS certificates. All it \\\\\\\\\\\\\\\"SHOWS\\\\\\\\\\\\\\\" are some allegations from the investors.

These are not facts.

There are other lawsuits that are similar from other investors that purchased certificates involving different banks. This is nothing new nor is it a decision on these claims.

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Richie Collins
A lawsuit is a case you educated fool! Yes, it may a different kind of case but a case non the less!
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Nelson
A lawsuit is a case you educated fool! Yes, it may a different kind of case but a case non the less!

You are very clearly the fool!

Bill got that answer RIGHT, as usual!!

These suits are a dime a dozen. A group of RMBS investors hires some expensive law firm and makes vague allegations. The suit drags on for some months or years and ultimately the banks settle to make the case go away. The investors get a few pennies back on the lost dollar from the collapse and the lawyers get another pay day.

Nothing is EVER PROVED in these suits and it is a completely unproductive avenue of investigation for distressed borrowers.

But the existence of these suits creates an additional pretext for swindlers and scam artists to prey upon distressed borrowers, as Mr. Roper often warned us. Debt elimination scam artists seize upon each such suit and broadcast it widely. The purpose of publicizing these suits is not to inform, but rather to deceive.

The central premise of all of the debt elimination scams is that if you only subscribe and follow the guidance of the swindlers, you too can have a FREE HOUSE. This is always promoted as nearly a sure thing. The explosive winning evidence is always just around the corner and will be disclosed to those that pay the scam artist.

Millions and millions are being made as distressed borrowers continue to be fleeced by these scams.

The lawsuit is real. The allegations are specious. The utility to distressed borrowers is non-existent. Only another scam artist like Richie Collins would tell you otherwise.

BEWARE!
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