Mortgage papers raise Myrtle Beach real estate fraud claims

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Mortgage papers raise Myrtle Beach real estate fraud claims

Mortgage papers raise Myrtle Beach real estate fraud claims

Signatures on documents used in foreclosure cases under review

The Sun News-

Anthony Wise has been selling real estate in the Myrtle Beach area for nearly three decades, but he had never heard of Linda Green until after his home went into foreclosure.

Now, just like hundreds of thousands of people nationwide, Wise is finding that the biggest investment he will ever make – his home – is closely tied to Green … or someone pretending to be her.

Green was a shipping clerk for an automobile parts company before taking a job in the signature room at a mortgage document company called DocX in Alpharetta, Ga., according to news reports.

[…]

Richard Lovelace, a Conway lawyer who specializes in real estate and banking law, said the banks who used DocX – or similar document mills – have put themselves at risk if homeowners can prove the paperwork is fraudulent.

That is true even if a home has already been lost to foreclosure.

Continue reading [TheSunNews]

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