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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William A. Roper, Jr.
The Wall Street Journal reports that Sen. Christopher DODD finally had a good idea:

"Dodd: Detailed Investigation Into Foreclosure Crisis Needed"

http://blogs.wsj.com/developments/2010/11/16/dodd-detailed-investigation-into-foreclosure-crisis-needed/


Well, DUH!

Of course Sen. DODD's idea about an investigation is that his cronies should do the investigating to assure that no one looks too closely at the VIP mortgages DODD received from CountryWide!

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Why not visit the WJS site and let the Journal readers KNOW what we think of Sen. Christopher DODD and his ilk!
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Stephen

Dodd's a bankster in disguise.  Realized that when I saw the gaping holes he carefully left in new regs after the S&L crisis.  Like appraiser licensing with no oversight.

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Not one for snark, but Dodd is out come January... lots of smoke and mirrors with his bravado! 
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