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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This is way too special.  These people would rather put houses in a landfill rather then sell them to people who have no home:

 

   http://www.calculatedriskblog.com/2009/04/new-homes-demolished-in-victorville-ca.html

 

http://www.ktla.com/news/landing/ktla-victorville-homes-demolished,0,4154575.story

 


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connect the dots

this is how it works in the "gse business model". servicer is seeking fees from investor. investor is seeking TARP funds from taxpayers. its all about the fees folks!!! Otherwise known as "theft by deception" with the taxpayers being the victims.

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