Foreclosure Fraud – In the Beginning

Max Gardner’s long-standing battle against predatory lenders, mortgage foreclosure fraud and dishonest debt collectors is well known to those who follow these issues.  Nye Lavalle’s diligent years-long effort to document and expose the flaws in the mortgage servicing and foreclosure process is certainly well known now through this explosive New York Times article.  What most don’t know is that Max and Nye first connected about …

Fannie Mae Didn’t Act on Early Evidence of Foreclosure Fraud, Impropriety

“Any attorney general, lawyer, bank director, judge, regulator or member of Congress who does not open their eyes to the abuse, ask pertinent questions and allow proper investigation and discovery is only assisting in the concealment of what may be the fraud of our lifetime.”  -Nye Lavalle Quite possibly, you’ve never head of Nye Lavalle.  If you have, it probably …

The Big News in the Foreclosure Industry is that Nothing Has Changed

Robo-signing has been national news for months, and an increasing number of foreclosure defense attorneys, bankruptcy lawyers and others working on behalf of consumers have grown wise to the ways of mortgage servicers and their brethren.  Courts, even some that originally turned a blind eye, are beginning to look hard at servicers, banks, foreclosure plaintiffs attorneys and everyone else involved …

Mysteriously Appearing Allonges

Adam Levitin over at Credit Slips has long granted the foreclosure industry the benefit of the doubt when it comes to flawed paperwork, but this case has him asking questions.  Along with the usual questions about fraud and how we’re supposed to know when an “allonge” was really created and what exactly is required to validate it, Professor Levitin is asking about …

A Call to Arms to Registers of Deeds

Naked Capitalism had an interesting post today about the investigations some Registers of Deeds have undertaken with regard to MERS, lost dollars and forged signatures and false documents in recorded mortgages.  We’ve posted before about the investigations undertaken by Jeff Thigpen and John O’Brien, and about O’Brien’s declaration that MERS owed his county approximately $22 million and his request that the state Treasurer withdraw …