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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US investigates sovereign funds as Wall Street hunts for capital
January 11, 2008

 
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smh.com.au - The Sydney Morning Herald

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Wow!  This looks like a GREAT WAY to SCARE OFF the sources of RESCUE CAPITAL!!  And without NEW CAPITAL, the credit meltdown is going to spread and accelerate even FASTER than it seemed possible.  Lets see, $10 BILLION in capital supports HOW MANY BILLION in ASSETS?? 

NO NEW CAPITAL MEANS MASSIVE BANK AND WALL STREET INVESTMENT BANKER FAILURES SOONER.  It looks like a FEW are AFRAID of losing their jobs, so the solution is to involve Congress so that EVERYONE can be assured to LOSE THIER JOB!  Is this a great country or WHAT?
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