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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Exec Hosts Parties in Foreclosed Home

AP
posted: 8 HOURS 14 MINUTES AGO
filed under: Madoff
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MALIBU, Calif. (Sept. 11) - A Wells Fargo & Co. executive who oversees foreclosed properties hosted parties and spent long summer weekends in a $12 million Malibu beach house, moving into the home just after it had been surrendered to Wells Fargo to satisfy debts, neighbors said.
The previous owners of the beachfront home in Malibu Colony — a densely built stretch of luxury homes that has been a favorite of celebrities over the years — were financially devastated in Bernard Madoff's massive fraud scheme, real estate agent Irene Dazzan-Palmer said.
The couple signed the property over to Wells Fargo last spring, and the bank subsequently denied requests to show the house to prospective buyers, Dazzan-Palmer said.
Residents in the gated community told the Los Angeles Times that a woman they believe was Cheronda Guyton took up occupancy at the home in May. Residents said they obtained Guyton's name from the community's guards, who had issued her a homeowner's parking pass.
Residents also wrote down the license plate number of a 2007 Volvo sport-utility vehicle they say was parked in the home's garage. A check of state motor vehicle license plates by the Times found the vehicle was registered to Guyton.
Guyton is a Wells Fargo senior vice president responsible for foreclosed commercial properties, resident Phillip Roman said.
"It's outrageous to take over a property like that, not make it available and then put someone from the bank in it," said Roman, who lives a few homes away from the property.
Residents said Guyton, along with her husband and two children, often hosted guests at the home, including a large party the last weekend of August. Malibu Colony is about 25 miles from downtown Los Angeles.
Wells Fargo said in a written statement that it would conduct a thorough investigation of the allegations by neighbors, but said it wouldn't "discuss specific team member situations/issues for privacy reasons."
Guyton's home number is unlisted, and attempts to reach her at her Los Angeles office after work hours were unsuccessful.
The bank's agreement with the prior owner required it to keep the home — a 3,800-square-foot, two-story structure built in the early 1990s — off the market for a period of time, Wells Fargo said in the statement. The bank said it planned to list the property for sale soon.
Copyright 2009 The Associated Press. The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Associated Press. 
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GUYTON, CHERONDA B
GUYTON, ANDREW S
GUYTON, SIDNEY
N/A 130 N GARDNER ST
map
LOS ANGELES, CA 90036 N/A
Title of RespectMRSFirst NameCHERONDA
Middle NameBLast NameGUYTON
Primary Address130 N GARDNER STCityLOS ANGELES
StateCAZIP Code90036
ZIP +4 2720Latitude34.0739899
Longitude-118.3533096Phone NumberN/A
Date of BirthN/AAge38
GenderFEMALEMarital StatusMARRIED
EducationGRADUATE DEGREEEstimated Income$75,000 - $99,999/YR
Presence of Credit CardYESEstimated Current Home Value$149
Home Purchase Price9Home Purchase Date2004-02-03
Full NameMRS CHERONDA B GUYTONRaceWESTERN EUROPEAN
Presence of ChildrenYESComputer OwnerYES
Political ContributorDCooking EnthusiastYES
Children Age 7 to 9BOTH MALE AND FEMALELength of Residence04 YEARS
Outdoor EnthusiastYESFamily General Magazine1
County Code037Mailing ResponderMULTI
Delivery Point Check Digit308Home Fireplaces1
InvestmentINVESTORCensus Tract214000
Home Heat IndicatorFURNACEChildren Age 4 to 6FEMALE
Mortgage Lender NameDOWNEY S&L ASSN FAWealth RatingGREATER THAN 90TH PE
Home Year Built1926Mortgage Loan TypeCONVENTIONAL
ISPSA9Carrier RouteC051
Book ReaderYESCensus Block2
Health And Fitness Magazine1GardenerYES
Mortgage Rate TypeVARIABLEState Code06
Home Decorating EnthusiastYES
Addional Household Member
Title of RespectMRFirst NameANDREW
Middle NameSLast NameGUYTON
Primary Address130 N GARDNER STCityLOS ANGELES
StateCAZIP Code90036
ZIP +4 2720Latitude34.0739899
Longitude-118.3533096Phone NumberN/A
Date of BirthN/AAge40
GenderMALEEducationBACHELOR'S DEGREE
Estimated Income$75,000 - $99,999/YRPresence of Credit CardYES
Estimated Current Home Value$149Home Purchase Price9
Home Purchase Date2004-02-03Full NameMR ANDREW S GUYTON
RaceWESTERN EUROPEANFamily General Magazine1
Presence of ChildrenYESCounty Code037
Mailing ResponderMULTIDelivery Point Check Digit308
Home Fireplaces1InvestmentINVESTOR
Computer OwnerYESCensus Tract214000
Political ContributorDHome Heat IndicatorFURNACE
Cooking EnthusiastYESChildren Age 7 to 9BOTH MALE AND FEMALE
Children Age 4 to 6FEMALEMortgage Lender NameDOWNEY S&L ASSN FA
Wealth RatingGREATER THAN 90TH PEHome Year Built1926
Length of Residence04 YEARSOutdoor EnthusiastYES
Mortgage Loan TypeCONVENTIONALISPSA9
Carrier RouteC051Book ReaderYES
Census Block2Health And Fitness Magazine1
GardenerYESMortgage Rate TypeVARIABLE
State Code06Home Decorating EnthusiastYES
Addional Household Member
Title of RespectMRFirst NameSIDNEY
Last NameGUYTONPrimary Address130 N GARDNER ST
CityLOS ANGELESStateCA
ZIP Code90036ZIP +4 2720
Latitude34.0739899Longitude-118.3533096
Phone NumberN/ADate of BirthN/A
Age40GenderMALE
Marital StatusMARRIEDEducationBACHELOR'S DEGREE
Estimated Income$75,000 - $99,999/YRPresence of Credit CardYES
Estimated Current Home Value$149Home Purchase Price9
Home Purchase Date2004-02-03Full NameMR SIDNEY GUYTON
RaceWESTERN EUROPEANFamily General Magazine1
Presence of ChildrenYESCounty Code037
Mailing ResponderMULTIDelivery Point Check Digit308
Home Fireplaces1InvestmentINVESTOR
Computer OwnerYESCensus Tract214000
Political ContributorDHome Heat IndicatorFURNACE
Cooking EnthusiastYESChildren Age 7 to 9BOTH MALE AND FEMALE
Children Age 4 to 6FEMALEMortgage Lender NameDOWNEY S&L ASSN FA
Wealth RatingGREATER THAN 90TH PEHome Year Built1926
Length of Residence04 YEARSOutdoor EnthusiastYES
Mortgage Loan TypeCONVENTIONALISPSA9
Carrier RouteC051Book ReaderYES
Census Block2Health And Fitness Magazine1
GardenerYESMortgage Rate TypeVARIABLE
State Code06Home Decorating EnthusiastYES
2 GUYTON, CHERONDA B
GUYTON, ANDREW S
GUYTON, SIDNEY
1970-00-00 6260 W 3RD ST
map
LOS ANGELES, CA 90036 N/A
Title of RespectMRSFirst NameCHERONDA
Middle NameBLast NameGUYTON
Primary Address6260 W 3RD STCityLOS ANGELES
StateCAZIP Code90036
ZIP +4 7610CountyLOS ANGELES
Latitude34.0709419Longitude-118.357623
Phone NumberN/ADate of Birth1970-00-00
Age35GenderFEMALE
Marital StatusMARRIEDEducationGRADUATE DEGREE
Estimated Income$150,000 - $174,999/YRPresence of Credit CardYES
HomeownerHOMEOWNEREstimated Current Home Value$875000
Home Purchase Price$900000Home Purchase Date2004-02-03
Record Date2006-09-00EthnicityWHITE
Presence of ChildrenYESComputer OwnerYES
Number Of Persons In Living Unit4Political ContributorD
Cooking EnthusiastYESChildren Age 7 to 9YES
Occupation GroupPROFESSIONAL OR TECHNICALLength of Residence2 YEARS
Outdoor EnthusiastYESLS Ethnic Code For Household 2ENGLISH
OccupationUNKNOWN LS Ethnic Code For Household 1ENGLISH
Family General Magazine1County Code037
Mailing ResponderUNKNOWNDelivery Point Check Digit143
InvestmentICensus Tract214500
Children Age 4 to 6YESMortgage Lender NameDOWNEY S&L ASSN FA
Wealth Rating7Mortgage Loan TypeCONVENTIONAL
ISPSA47799Carrier RouteC009
Book ReaderYESCensus Block5
Health And Fitness Magazine1GardenerYES
Mortgage Rate TypeVARIABLEState Code06
Home Decorating EnthusiastYESGeocode QualityADDRESS
Type of PurchaseRESALEMortgage Amount$720000
Person TypePRIMARYEducation ConfidenceEXTREMELY LIKELY
Street SuffixSTHouse Number6260
Street Name3RDUnit DesignatorAPT
Book Buyer1Children Age 10 to 12NO
Opportunity Seeker1Dwelling Unit Size50-100
Marital Status ConfidenceEXTREMELY LIKELYOccupation Group ConfidenceINFERRED
Pre DirectionWGifts And Gadgets Buyer1
City Name AbbreviationLOS ANGELESChildren Age 13 to 18NO
Unit Designator Number414Time ZonePACIFIC TIME
Age TypeEXACT
Addional Household Member
Title of RespectMRFirst NameANDREW
Middle NameSLast NameGUYTON
Primary Address6260 W 3RD STCityLOS ANGELES
StateCAZIP Code90036
ZIP +4 7610CountyLOS ANGELES
Latitude34.0709419Longitude-118.357623
Phone NumberN/ADate of Birth1968-00-00
Age37GenderMALE
EducationGRADUATE DEGREEEstimated Income$150,000 - $174,999/YR
Presence of Credit CardYESHomeownerHOMEOWNER
Estimated Current Home Value$875000Home Purchase Price$900000
Home Purchase Date2004-02-03Record Date2006-09-00
EthnicityWHITEGeocode QualityADDRESS
Type of PurchaseRESALEMortgage Amount$720000
Person TypeOTHEREducation ConfidenceLIKELY
Family General Magazine1Street SuffixST
House Number6260Presence of ChildrenYES
Street Name3RDCounty Code037
Unit DesignatorAPTMailing ResponderUNKNOWN
Book Buyer1Children Age 10 to 12NO
Opportunity Seeker1Dwelling Unit Size50-100
Delivery Point Check Digit143InvestmentI
Computer OwnerYESOccupation Group ConfidenceINFERRED
Census Tract214500Number Of Persons In Living Unit4
Political ContributorDCooking EnthusiastYES
Children Age 7 to 9YESChildren Age 4 to 6YES
Mortgage Lender NameDOWNEY S&L ASSN FAWealth Rating7
Occupation GroupPROFESSIONAL OR TECHNICALLength of Residence2 YEARS
Outdoor EnthusiastYESPre DirectionW
Mortgage Loan TypeCONVENTIONALLS Ethnic Code For Household 2ENGLISH
ISPSA47799Gifts And Gadgets Buyer1
Carrier RouteC009OccupationUNKNOWN
City Name AbbreviationLOS ANGELESBook ReaderYES
Children Age 13 to 18NOUnit Designator Number414
Census Block5Health And Fitness Magazine1
GardenerYESLS Ethnic Code For Household 1ENGLISH
Mortgage Rate TypeVARIABLETime ZonePACIFIC TIME
State Code06Home Decorating EnthusiastYES
Age TypeEXACT
Addional Household Member
Title of RespectMRFirst NameSIDNEY
Last NameGUYTONPrimary Address6260 W 3RD ST
CityLOS ANGELESStateCA
ZIP Code90036ZIP +4 7610
CountyLOS ANGELESLatitude34.0709419
Longitude-118.357623Phone NumberN/A
Date of Birth1968-00-00Age37
GenderMALEMarital StatusMARRIED
EducationGRADUATE DEGREEEstimated Income$150,000 - $174,999/YR
Presence of Credit CardYESHomeownerHOMEOWNER
Estimated Current Home Value$875000Home Purchase Price$900000
Home Purchase Date2004-02-03Record Date2006-09-00
EthnicityWHITEGeocode QualityADDRESS
Type of PurchaseRESALEMortgage Amount$720000
Person TypePRIMARYEducation ConfidenceLIKELY
Family General Magazine1Street SuffixST
House Number6260Presence of ChildrenYES
Street Name3RDCounty Code037
Unit DesignatorAPTMailing ResponderUNKNOWN
Book Buyer1Children Age 10 to 12NO
Opportunity Seeker1Dwelling Unit Size50-100
Delivery Point Check Digit143Marital Status ConfidenceEXTREMELY LIKELY
InvestmentIComputer OwnerYES
Occupation Group ConfidenceINFERREDCensus Tract214500
Number Of Persons In Living Unit4Political ContributorD
Cooking EnthusiastYESChildren Age 7 to 9YES
Children Age 4 to 6YESMortgage Lender NameDOWNEY S&L ASSN FA
Wealth Rating7Occupation GroupPROFESSIONAL OR TECHNICAL
Length of Residence2 YEARSOutdoor EnthusiastYES
Pre DirectionWMortgage Loan TypeCONVENTIONAL
LS Ethnic Code For Household 2ENGLISHISPSA47799
Gifts And Gadgets Buyer1Carrier RouteC009
OccupationUNKNOWN City Name AbbreviationLOS ANGELES
Book ReaderYESChildren Age 13 to 18NO
Unit Designator Number414Census Block5
Health And Fitness Magazine1GardenerYES
LS Ethnic Code For Household 1ENGLISHMortgage Rate TypeVARIABLE
Time ZonePACIFIC TIMEState Code06
Home Decorating EnthusiastYESAge TypeEXACT

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