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 is kind of heavy reading...but loaded with exhibits and affidavits. Very good stuff by Attorney Glenn Russell in MA.

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"Uncontrovertibly, the assignment of the Matt loan was not made in accordance with the terms of the trust. Under 860D of the United States Tax Code (Real Estate Mortgage Investment Conduit provision), there could not be any additional assignments of mortgages to the Trust after the "Closing Date". The result is that the assignment of the Matt loan is fatally defective as it was not assigned to the Trust under its terms. See Hecht v. Malley, 265 U.S. 144 (1923)"


http://www.foreclosurehamlet.org/profiles/blogs/jodi-b-matt-v-hsbc-et-al-securities-fraud-exposed

Here is a straight shot to the entire collection on scribd.

http://www.scribd.com/my_document_collections/4010161
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Thank you for this.  I've begun reading the recommended material.

Have you read on this forum the conversations under Securitization Audit?  I'd like to hear your comments.  I came here looking for that.  Again, thank you for this post.

B.
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B. wrote:
Thank you for this.  I've begun reading the recommended material.

Have you read on this forum the conversations under Securitization Audit?  I'd like to hear your comments.  I came here looking for that.  Again, thank you for this post.

B.


I would look to Jeff Barnes' website.  He recently subscribed to Bloomberg Terminal and knows this stuff inside and out.  He is winning as co-counsel and counsel all over the country. 

http://foreclosuredefensenationwide.com/
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