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 is reporting this evening that Goldman-Sachs is looking to sell its Litton Loan Servicing, LP, unit:

WSJ: "Goldman Looks to Sell Its Litton Mortgage-Servicing Unit" (15 Mar 2011) [subscription]

http://online.wsj.com/article/SB10001424052748704662604576202980158164482.html

 

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