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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The Equitable One
This is probably preaching to the choir but I saw the article, read it, and thought posting a link was worthy.

http://www.nytimes.com/2009/06/29/business/29loanmod.html?_r=1&th&emc=th

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We need to deal with the fact fraudulent and high risk loans were made and defaults were manufacture.

The fate of our nation depends on reestablishing due process, recovering the recoverable stolen assets and writing down the derivatives based debt.

If the economic meltdown was caused by foreclosures pulling the backing for investment banking than that's the issue that needs to be addressed.

OF course a moratorium and keeping homeowners in there homes is a key step perhaps even the first step but what about returning stolen homes to the homeowners. Many of us were thrown out of our homes a decade ago or more and could have been producing and contributing to the economy all this time.

We really need to get to the root cause and hold those accountable at any and all costs. The right thing needs to be done or our nation will spiral into inflation or devaluation and the dollar will be destroyed in a manner we cannot effectively respond to. How about prison time or better yet conviction of treason and/or debasing the currency which both carry the death penalty for those who set up the credit default swaps and initiated foreclosures.

We have to have plain old enforcement of the law, not game playing, finger pointing, manipulation, stalling for time, and passing the buck while the banksters loot our country and stash the assets overseas.

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