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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Sandy
I just discovered a state law that clearly says if a borrower is unsure where to send the monthly payment, then the borrower can rely on the mortgagee of record as the appropriate place to send it. This seems to infer intent of the law that all owner-of-the-note changes should be recorded in a mortgage assignment, and that MERS violates this provision or expectation of law.

Could it be that the MERS assignment poisons or invalidates the mortgage, since MERS goes to great lengths to ensure its members that it has no right to receive payments? Could this prove that in this state, the MERS mortgage itself is a nullity, not just the assignment?

Am I making sense, or making a mountain out of a molehill?

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