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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Stephen

GMAC Hires Outside Auditors to Review Foreclosures in 50 States

National Mortgage News | October 12

GMAC Mortgage said it has hired several legal and accounting firms to conduct independent reviews of its foreclosure procedures in all 50 states.

 

If you're paying them, how "Independent" are they???

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anon

all the moratorium means is that the banks are buying more time to try and clean up their paperwork and hiring these companies to do it.

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Stephen

The self-imposed moratoriums are a ploy to try to dodge a REAL investigation.

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