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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arkygirl
I don't know anything about MFI-Miami and am not endorsing them in any way. They seem to "get it".


Unfortunately, hundreds of thousands of sweet little old ladies from around the world, most of whom are grandmothers living on social security and their pensions, are at risk of losing more money out of their pensions.  It’s not because of some thug armed with brass knuckles, a switch blade or even a gun, its from people wearing business suits who work in office buildings in Frankfurt, Germany and West Palm Beach, Florida, who for the sake of greed mismanaged hundreds of thousands of sub-prime mortgage loans that were sold into mortgage backed security trusts on Wall Street.

Yes, I’m talking about Deutsche Bank, the largest bank in the world who acts as a trustee for nearly 40% of the sub-prime mortgage backed security trusts in the United States.  I am also talking OCWEN, the fifth largest mortgage servicer in the U.S. and the only one who is not subsidiary of a major bank and who has been gobbling up it’s competitors faster than Homer Simpson consumes doughnuts at a doughnut shop. While OCWEN has focused on gaining market share, the quality of it’s management  has declined to the point that it rivals only the Detroit Fire Department.

MFI-Miami has audited or investigated nearly 400 mortgages serviced by OCWEN.  In nearly half those mortgages, we have had to have MFI-Miami’s lawyers or our clients’ lawyer threaten OCWEN with legal action if requested documents were not given to us or to our clients.

MFI-Miami is currently working on two foreclosures in Michigan being serviced by OCWEN that have Deutsche Bank named as a Trustee that show an example of what we have found on hundreds of mortgages handled by Deutsche Bank, OCWEN and the foreclosure mills they hire to record mortgage assignments and handle foreclosures.  The actions of these three groups put billions of dollars from pension funds at risk for serious tax liability which comes out of the pockets of retirees.




More here:

http://www.mfi-miami.com/2013/02/grandmothers-worldwide-could-see-pensions-shrink-thanks-to-ocwen-and-deutsche-bank/

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Randy
Arky - The fix is in. The banksters got their crony Obama elected President to avoid any responsibility for their crimes. No one is going to be prosecuted by this president and this president will not allow the IRS to injure his criminal co-conspirators! As long as the pnsion funds buy the investments being peddled by the crooked Democratic politicians, they will be OK!
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