Firm claims 75% of mortgage assignments invalid in Mass. county

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Audit Shows 75% of Mortgage Assignment Are Invalid In Mass. County. According to an audit performed by McDonnell Property Analytics, in the Salem, Mass. Registry of Deeds, 75% of mortgage assignments are "invalid." About 27% of invalid assignments are fraudulent, McDonnell said, while 35% are robo-signed and 10% violate the Massachusetts Mortgage Fraud Statute.

Its assets and liabilities, including loans, loan commitments, and mortgage-servicing rights. She alleged that the assignment of the deed of trust to Deutsche Bank was invalid and the foreclosure.

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Defective Mortgage Acknowledgment Jeopardizes Lien. – Defective mortgage acknowledgment jeopardizes lien position of Secured Party. Find out more about this topic, read articles and blogs or research legal issues, cases, and codes on FindLaw.com.

A person purporting to claim an interest in, or a lien or encumbrance against, real property, who causes a document asserting such claim to be recorded in the office of the county recorder, knowing or having reason to know that the document is forged, groundless, contains a material misstatement or false claim or is otherwise invalid is liable.

About: GrowLife, Inc. (PHOT) View as PDF UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____ FORM 8-K/A Amendment No. 2 CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE.

Housing prices decline as mortgage defaults rise for first time this year The United States subprime mortgage crisis was a nationwide financial crisis, occurring between 2007 and 2010, that contributed to the U.S. recession of December 2007 – June 2009. It was triggered by a large decline in home prices after the collapse of a housing bubble, leading to mortgage delinquencies and foreclosures and the devaluation of housing-related securities.

Lack of Standing cases in other States . Alabama: Horace v.LaSalle, Bear Stearns, EMC Mortgage, Bank of America (3/11) First, the Court is surprised to the point of astonishment that the defendant trust (lasalle) did not comply with the terms of its own PSA and further did not comply with NY Law in attempting to obtain assignment of plaintiff’s note and mortgage.

Countrywide Mortgage Meltdown HR 3044: To Impose 18-month Moratorium on HVCC (!!!!!!!!) – The National Association of Mortgage Brokers (NAMB) applauds the introduction of H.R. 3044. NAMB would like to thank Representative Childers (D-MS) and Representative Miller (R-CA) for their continued.

Audit Shows 75% of Mortgage Assignment Are Invalid In Mass. County. According to an audit performed by McDonnell Property Analytics, in the Salem, Mass. Registry of Deeds, 75% of mortgage assignments are "invalid." About 27% of invalid assignments are fraudulent, McDonnell said, while 35% are robo-signed and 10% violate the Massachusetts.

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