Foreclosure Defense Florida

Anatomy of Mortgage Fraud- Part III, More on Mortgage Electronic Registration System

anatomy-fraudMERS also made it easy to run the foreclosure frauds — banksters could doctor the electronic entries whenever they wanted, and could claim that all paperwork including the notes had been lost. The servicers then hired Burger King robo-signers to manufacture new documents, and handed out notary stamps so they could certify the validity of whatever false information might enable swift passage through “rocket docket” courts. Banksters could take any home they desired — and responded to the opportunity by stealing millions of homes, throwing owners out onto the streets, aided and abetted by a US justice system that was both overwhelmed by the caseload but also underwhelmed by the plight of dispossessed homeowners.

And that’s just the opening paragraph….read the full article below…

HuffingtonPost Here

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