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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STOCKTON, DETROIT, LAS VEGAS POST TOP METRO FORECLOSURE RATES
By RealtyTrac Staff    California and Ohio Cities Account for 10 of Top 20 Metro Foreclosure Rates
Richmond, Va., Greenville, S.C., McAllen, Texas Post Three Lowest Rates
http://www.realtytrac.com/ContentManagement/pressrelease.aspx?ChannelID=9&ItemID=3025&accnt=64847
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C urious
Anyone wonder why New Orleans isn't on the list? hmm...
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My gut says that everything that could easily be has already been "processed" down there. Either that or has been tied up in litigation due to insurance claims....

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anon2

Companies like Countrywide took the insurance payments and paid off the houses. so no money to fix up the houses unless you got a sba loan. Countrywide made sure they didn't lose any money while those poor ol folks just lost everything. That is how Countrywide works. Some local Governors got involved to some extent, a lot of inurance complaints.Its a good honest old fashioned type of company. Like in the olden days, like the Vikings or Haggar the horrible.

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