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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Ed Cage

http://financialservices.law360.com/Members/ViewArticlePortion.aspx?Id=39100&ReturnUrl=..%2fsecure%2fViewArticle.aspx%3fId%3d39100

 

“Wave of Subprime Litigation on the Horizon: Experts

Portfolio Media, New York (November 13, 2007)--With two of Wall Street's biggest banks announcing multibillion-dollar write-downs due to subprime mortgage exposure, the race to the courthouse has already begun for plaintiffs' lawyers. And although the first wave of shareholder suits hit court dockets recently, experts say that for investment banks, the worst is yet to come.

Lawsuits targeting some of the first banks to falter under the weight of subprime problems have begun to trickle in, with shareholders targeting firms such as...”

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Ed Cage, Plano Texas

972-596-4363

ecagetx@tx.rr.com

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