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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This just in:   CNBC is reporting that ALL mortgage companies participating in the HOPE NOW ALLIANCE have agreed to a 30-day delay on foreclosures. Isn’t that just dandy.

 

This is amazing.   First, is the absence of the term “Servicer” and second, just what is a borrower facing foreclosure supposed to do when he or she hears this news?

 

Oh, and more good news – Castro has resigned!  Damn, life is sure good!

 

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