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
Stephen

Add up what you've spent on mortgages.  I paid over $2k per month for over 12 years, which amounts to approx. 300k, and ended up homeless.  And the payoff, when the house was foreclosed without cause, was $30k higher than the original loan amount.  There is no more to the story.  The mortgage industry is the devil reincarnated.  OUTRAGE is putting it mildly.

Quote 0 0
The Equitable One
There are lot of different ways to crunch various numbers. Yours is one way.

And typically it amounts to usuriousness (is that even a word?).

Quote 0 0
9

don't stop screaming, things are being done

Quote 0 0
Stephen

Usury.  And one can only add up total outlay one way.  Sure, there are trade-offs and cost/benefit states of mind, but the simple fact is that a mortgage is NOT what it is purported to be, and a borrower is never told up front that after ten years or so, your principal amount will be unchanged or higher.  It's pure fraud.

Quote 0 0
Sara
Yeah, fraud is what they seem to be best at!!!

S
Quote 0 0
Write a reply...