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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The Wall Street Journal has a story out by Nick Timiraos regarding the House's pending vote on an over-ride of the Dodd-Frank Digital Robo-Signing Act:

"House to Consider Override of Notary-Bill Veto"


House lawmakers are scheduled to consider Wednesday a motion to override President Barack Obama's veto last month of a bill that critics claimed could make it harder for homeowners to stop flawed foreclosures.


The vetoed bill, sponsored by Rep. Robert Aderholt (R., Ala.), would require notarizations of mortgages and other documents, including those done electronically, that are done in one U.S. state to be accepted by courts in another state.


The House approved the bill in April by a voice vote, and the Senate passed it unanimously in late September. But Mr. Obama returned the bill to Congress without his signature last month as concerns mounted over the unintended impact the measure could have on consumer protections amid growing problems with foreclosure documentation.


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Why not visit the Wall Street Journal site and leave a comment about this initiative!




Of course, this is just a minor piece of legislation to honor notaries and President Calvin COOLIDGE!

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This is very disconcerting.  How many bites at this apple will they get?  There's an action alert on this on the msfraud homepage and I was able to email my NY representative to ask she not vote in favor of overriding the veto on HR 3808 through a direct link available there.  This is so wrong... 

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