The Great American Mortgage Fraud

How banks engaged in systematic forgery to prove ownership of foreclosed homes.

DOCX With mortgages being flipped multiple times to multiple buyers, the rigorous paperwork and notarized signatures required in many states to prove ownership of a mortgage were simply ignored. Many investment trusts that supposedly “owned” the mortgages had never actually received the mortgages, notes, or any paper mortgage assignments. So when banks and servicers decided […]

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