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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 A federal Judge last month denied a joint motion filed by the institutions to stop the NAACP from moving ahead with the suit.  The lenders are now required to release information and documents regarding their mortgage policies and practices, according to an NAACP news release.

The Mortgage lenders named in the lawsuit include: Accredited Home Lenders, Inc.; Ameriquest Mortgage Co.; Bear Sterns Residential Mortgage Corp.; Encore Credit; Chase Bank USA; Citimortgage; First Franklin Financial Corp.; First Tennessee Bank; First Horizon National Corp.; Fremont Investment & Loan; GMAC Mortgage Group, LLC; GMAC ResCap; J.P. Morgan Chase & Co.; Long Beach Mortgage; Option One Mortgage Corp.; SunTrust Mortgage; and WMC Mortgage, LLC.
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