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.
Articles |The FORUM |Law Library |Videos | Fraudsters & Co. |File Complaints |How they STEAL |Search MSFraud |Contact Us
Department of Corporation
09/05/07 - The California Corporations Commissioner issued Release 61-FS encouraging licensees operating under the California Finance Lenders Law and the California Residential Mortgage Lending Act to arrange workout with financially distressed borrowers, announcing the preparation of a future report of servicing activities to be submitted by licensees to the Commissioner, and providing notice of the establishment of a working group to provide advice to the Commissioner in connection with nontraditional and other mortgage loans. (Commissioner's Release 61-FS)
Quote 0 0
Write a reply...