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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Terror probes kept FBI away from mortgage mess
Providence Journal - Sep 1, 2008
The FBI says it has 21 open investigations into possible large-scale fraud related to the subprime meltdown. It might be hard to jump-start such probes, though, because delving into the complex financial processes of the mortgage problem could take ...

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The answer is to contract the investigations out, just like the rest of the government does to private companies. 

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My take on this article is that the FBI is carefully couching its terms.

You cannot deduce that they have ever looked into mortgage fraud
on the borrowers behalf.

Their small cases involve a million dollars.

Who believes any of the mortgage fraud we are talking about was limited
to 3 home loans.

Talk about slick willy and his answer to his deposer, How do you define IS?

Same thing here.  How do  you define mortgage fraud?

If it is too complicated for the FBI agents, we need to get rid of the deadwood there.


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