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.
Articles |The FORUM |Law Library |Videos | Fraudsters & Co. |File Complaints |How they STEAL |Search MSFraud |Contact Us
can someone define:

 high-cost home mortgage loan

I am revieiwng the laws in Mass and all of them seem to state high-cost home mortgage loan.

Is that a normal loan?
or am I looking in the wrong places

Any help will be greatly appreciated!
Quote 0 0
Here is the law which defines the term:

Chapter 268 of the Acts of 2004

AN ACT PROHIBITING CERTAIN PRACTICES IN HOME MORTGAGE LENDING.

http://www.mass.gov/legis/laws/seslaw04/sl040268.htm





Quote 0 0
Write a reply...