Forged Documents, Fake Titles: Is The Florida Mortgage Mess Only The Tip Of The Iceberg?

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Audio-Video Coverage related to the Foreclosure Crisis. The biggest and longest-running unpunished theft in history: 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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Mortgage amount is rounded to the nearest $1,000. A minimum 5% down payment is required for a purchase price of $500,000 or less. For a purchase price between $500,000 and $1 million, the minimum down payment is 5% on the first $500,000 and 10% on the balance. view current mortgage rates from multiple lenders at realtor.com.

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Title companies are not liable if borrowers fail to make their payments, only if there was a flaw in the title that was not found.

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Stumpf was gone as CEO within weeks, and his replacement, Tim Sloan, pledged to clean up the mess. But as Sloan knew well, the fake consumer accounts scandal was just the tip of the iceberg in terms of Wells Fargo’s long history of misconduct.

Daniyar used his new last name and forged documents saying he graduated from a high school. for him and gave his stepson power of attorney in 2008 so he could sign the title for Bolat. Instead of.

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In the rush to aggregate and sell and then resell mortgages, many of the mortgages documents. mortgage assignments were never recorded and they were not legally recordable." The banks had appealed.

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