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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Everyone should try and watch this HBO original movie scheduled to air 9pm(est) Monday May 23. Obviously, a movie is not the way to get educated on the subject, but it does well - in 2 hours - to explain, the Who, When, and How of the current crisis. If you do not have access to HBO, watch this 20 minute clip, (here)    TBTF - TOO BIG TO FAIL

The clip is a summary of the movie, with some interview footage of author (Andrew Sorkin) of the book ("Too Big To Fail") of which the movie derives its' name. The YouTube clip has some additional interviews and comments from other "Wall Street" pundits.
Everyone facing foreclosure should have a deeper understanding of the original and underlying problem(s). This movie does a good job of covering the origin of the problems in a short time-span.

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Sorry .... A corrected link ..for the above post TBTF - "Too Big To Fail" (HBO)

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