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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Ed Cage


The Loan Servicer’s Top Secret Weapon for Fraud

(An excellent source)
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Servicers Accused of Overstating Loan Balances
Mortgage servicers frequently disregard bankruptcy law and submit inadequate or erroneous claims, a university law professor alleged in a recent 48-page report that indicated lenders and borrowers disagreed on the balance owing in most cases. She suggested illegal fees regularly tacked on to balances without sufficiently identifying the nature of the fees are symptomatic of servicing in general.”
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Tip from Mr Ed:
Your “escrow” and “suspense” and “corporate advances” is where the rubber meets the road for criminal mortgage fraud.  Most (Not all by a long shot) starts in this area. Ask for a full accounting of these areas from your servicers and watch them squirm.
Submitted by Ed Cage

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