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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Because the original promissory note was not payable to
Appellee or endorsed in blank and because Appellee did not comply with the alternative
requirements as stated in Richards, issues of fact remain to be resolved precluding
entry of summary judgment in Appellee’s favor.
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