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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I was under the impression that elected representatives can have anyone, including lobbyists, escorted, willingly or otherwise, from their offices. So why do "they" continue to even listen to the lobbyists? (Depends on who is trying to get elected for another term, maybe?)

And when did Dodd become such a populist anyway? When did Dodd ever vote for people over banks? Anyone know of any instance of that happening? Is Dodd trying to clear up his image right here at the end so maybe we will despise him slightly less than before?

And just where have Dodd's "common-sense reforms" been, lo, these many years? Funny when there is nothing more to be gained in the way of campaign contributions, the jig is up and they have one foot out the door to retirement, only then can they do their jobs of representing the people instead of special interests.


Bankers try to put a better face before Congress

By JIM KUHNHENN, Associated Press Writer Jim Kuhnhenn, Associated Press Writer Fri Feb 5, 5:13 am ET

WASHINGTON – Chief executives at some of the biggest financial institutions are on a mission to repair their image with Congress and the public, part of a strategy to gain more influence over legislation that would overhaul financial regulations and intrude further into their business.

Top bankers fanned out across Capitol Hill on Thursday, meeting with House and Senate members involved in banking policies. They were led by Richard Davis, the chairman and CEO of U.S. Bancorp, and Robert Kelly, chairman and CEO of Bank of New York Mellon.

"The No. 1 goal we have is to be relevant to this fix," said Davis, who is also chairman of the Financial Services Roundtable, an industry group.

Illustrating the hard task before them, Sen. Christopher Dodd, the chairman of the Senate Banking Committee, voiced exasperation with the industry and signaled to colleagues that he would proceed with legislation at the end of the month with or without Republican support.

"Instead of investing in improvements that would secure their financial strength, too many people in the industry have decided to invest in an army of lobbyists whose only mission is to kill the common-sense financial reforms we have been working so hard to achieve," Dodd said.

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