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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arkygirl
Now, if the rest of the counties that have been defrauded out of millions of dollars by MERS will sue...maybe we can get property titles in shape again.

Victory Montgomery County vs. MERS
 
IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF PENNSYLVANIA
MONTGOMERY COUNTY, PENNSYLVANIA, :
RECORDER OF DEEDS, by and through :
Nancy J. Becker in her official :
capacity as Recorder of Deeds of :
Montgomery County, on its own :
behalf and on behalf of all others :
similarly situated, :
Plaintiff, : CIVIL ACTION
:
v. :

: NO. 11-CV-6968
MERSCORP, INC., and MORTGAGE :
ELECTRONIC REGISTRATION SYSTEMS, :
INC., :
:
Defendants. :
MEMORANDUM AND ORDER
JOYNER, J. June 30, 2014
…….
In addition, Plaintiff has produced reports from two of its
proposed expert witnesses with experience in forensic analysis of
chain of title issues and real estate law - Marie T. McDonnell
and Charles W. Proctor, III. Ms. McDonnell reported on her
analysis of a MERS mortgage for a residential property in
Montgomery County which was originated with Countrywide Home
Loans, Inc. in June, 2005, was securitized in late August, 2005,
sold at least three times and foreclosed in March, 2013. (See,
Plaintiff’s Exhibit “G,” pp. 3-5). Throughout the process, Ms.
McDonnell found that there were five missing assignments that
should have been recorded with the Montgomery County Recorder of
Deeds, that the MERS Milestones data was incomplete and in
contradiction to the securitization deal documents, and that
title to the property had been corrupted by MERS’ failure to
record a complete chain of title. (Exhibit “G,” p.7).
Case 2:11-cv-06968-JCJ Document 118 Filed 07/01/14

Links to court docs are on the linked page.





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