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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In the past several months officials from MGIC have made many statements before investors, many by Curt Culver and others about MGIC's "limited" exposure to the Sub Prime markets and "hedge Funds"  Some stockholders groups are now banning together and talking with lawyers on filing a separate class action against MGIC Officers and Directors for misleading them!  More to follow on this developing story!

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Nye Lavalle
Count me in as a seperate plaintiff!
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You got it Nye, Trust funds are nice to hide ownership! The fund or funds, can act independent.  Curt is going to feel the heat, and its now getting very close for the time for wholesale changes to be made on the Board of Directors!, along with a Federal Investigation into their conduct!  Im guessing it already started, the IRS has been reviewing MGIC documents now for sometime!,  Remember form 211 for the IRS!!

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