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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From American Banker:

I don't know much about American Banker, but if this article is true, the politicians involved remind me of the "The Three Stooges" trying to go through a door. For sure, it has the familiar smell of the banking industry and politics method of operation.
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