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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Folks,

This nightmare mainly caused by bankers and attys will cause almost anyone to go insane once you understand we somehow have to stick out from the rest of the cattle that look just like the rest of us...

This adds some humor to their story of bs...I know its off topic. But it about sums up what is happening today....

SLOW DAY IN TEXAS $100 Bill
It's a slow day in a little East Texas town.  The sun is beating down, and the streets are deserted.  Times are tough, everybody is in debt, and everybody lives on credit...On this particular day a rich tourist from back east is driving through town. 
He stops at the hotel and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs in order to pick one to spend the night.
As soon as the man walks upstairs, the owner grabs the bill and runs next door to pay his debt  to the butcher. 
The butcher takes the $100  and runs down the street to retire his debt to the pig farmer. 
The pig farmer takes the $100  and heads off to pay his bill  at the supplier of feed and fuel. 
The guy at the Farmer's Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her "services" on credit. 
The hooker rushes to the hotel and pays off her room bill with the hotel owner.
The hotel proprietor then places the $100 back on the counter so the rich traveler will not suspect anything.  
At that moment the traveler  comes down the stairs, picks up the $100 bill, states that the rooms are not satisfactory, pockets the money and leaves town. 
No one produced anything.  No one earned anything.   However, the whole town is now out of debt and now looks to the future with a lot more optimism.
"And that, ladies and gentlemen, is how the United States Government is conducting business today!"
Stop the madness ~ Silence is Submission!
"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." -- H.L. Mencken
 
PASS THIS ALL AROUND!
HAPPY NEW YEAR!
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arkygirl
And, don't forget, the city, county and state made tax revenues on each one of these transactions (well, except possibly for the next to the last one) so they are smiling, too.





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