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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William A. Roper, Jr.
The Ohio Court of Appeals for the Eighth District (Cuyahoga) gives us a very nice illustration of what a TILA / Rescission damage award for a defendant can look like in MERS v. Lambert and it is expensive:
Mortgage Elec. Registration Sys. v. Lambert, No. 94681, COURT OF APPEALS OF OHIO, EIGHTH APPELLATE DISTRICT, CUYAHOGA COUNTY, 2011 Ohio 461; 2011 Ohio App. LEXIS 396, February 3, 2011, Released and Journalized.
http://www.sconet.state.oh.us/rod/docs/pdf/8/2011/2011-ohio-461.pdf
Those making TILA claims might want to get a look at the pleadings in this case!


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Angelo
Bill
When do you sleep?  Thanks for the help!
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Ed Cage
Angelo:
William Roper is the best most competent poster in here including some of the shysters that peek in occasionally. Please don't encourage him to sleep.
 
Ed Cage  |  ecagetx@gmail.com  
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Angelo
Ed
I hear ya, but we need him fresh, like always.  If he goes we are all screwed!!!
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Bill
Has anyone seen any of the actual pleadings?  I would be interested in knowing exactly HOW MERS is the Plaintiff.  Did they claim they owned the note? 

Because the judgment was upheld is MERS NOW going to come forward and say "well, we really aren't the plaintiff in the case, we are just acting on behalf of XXXXXXXXXXXX who really owes the money awarded". 

It will be interesting to see if MERS really pays the money and what the ripple effect will be if now TILA claims can force MERS to pay claims. 
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