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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Tom #2
Co, 41, is the “manager of MBS Trust & Custody Administration” for Deutsche Bank. That means he’s ultimately responsible for what happens to countless foreclosed-upon homes that Deutsche is holding after its investments in shaky mortgage-backed securities tanked — helping to spark the nationwide housing crisis and Wall Street meltdown.
 

Deutsche’s servicers are said to routinely boot tenants when they seize a property, as a matter of course.

Legal-aid lawyers and ROOF organizers urged them Tuesday to reconsider that practice.

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Tom #2
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