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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Hector
Is there such a thing as an invalid transfer of possession of a bearer note/instrument under the U.C.C. ?   For example, how does a Bank in possession of the bearer instruments show the transfers of possession to it if the bearer instrument is indorsed in blank by the originator?   If this done by assignments or another way?
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Angelo
Also, if a note is endorsed in blank from an agent of the originator, does there have to be evidence of the agency agreement in the court records for the endorsement to be valid?

suppose, Bank xyz is the originator and the endorsement(in blank) on the note is from abc mortgage co., and the only reference to the relationship is on the mortgage.  It states "Return to: abc mortgage co. agent for bank xyz"
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TheEquitableOne
Typically transfer would be effectuated by insured, overnight carrier, and there would be a paper trail of such (delivery receipts). There would also be some form of accounting ledger entries for both parties, endorsor and endorsee.
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Texas
TheEquitableOne

Would that not be under cover of some type of Bailee's letter?

http://www.efanniemae.com/mf/guidesforms/doc/forms/e_xi.6.doc
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