2011 November 18 | FORECLOSURE FRAUD | by DinSFLA

Archive | November 18th, 2011

Foreclosure mill getting peppered, Linked to the first criminal case brought against alleged robo-signers

Foreclosure mill getting peppered, Linked to the first criminal case brought against alleged robo-signers

In case you wish to read the transcripts from this story check it out: FULL DEPOSITION TRANSCRIPT OF LENDER PROCESSING SERVICES “LPS” SCOTT A. WALTER PART 1 &

FULL DEPOSITION TRANSCRIPT OF LENDER PROCESSING SERVICES SCOTT A. WALTER PART 2 “STEVEN J. BAUM, P.C.”, “O. MAX GARDNER”, “US TRUSTEE”

NY POST-

The stink is growing around the state’s largest foreclosure mill.

The Steven J. Baum law firm, which last month agreed to pay a $2 million fine to settle a federal probe into bogus foreclosure case filings, has now been barred by federal mortgage giants Fannie Mae and Freddie Mac from getting any more referrals of home loan defaults owned by either company.

In addition, the 70-lawyer firm is linked to the first criminal case brought against alleged robo-signers.

The criminal case was brought by the Nevada attorney general against two title officers — Gary Trafford and Gerri Sheppard — charged with forging signatures on 606 foreclosure-related mortgage documents.

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Bill Beckmann CEO of MERSCORP “Beau Biden is wrong on MERS lawsuit”

Bill Beckmann CEO of MERSCORP “Beau Biden is wrong on MERS lawsuit”

Oh Really…Strange from Pg. 91

“the “New Man at MERS,” Bill Beckman was just
interviewed by Mortgage Technology Magazine and he
frankly admits:


“We did not have a robust process to
make sure that all the data on our system was
accurate, timely and reliable. Our view was that is
the servicer’s data and they’re relying on it for
their own transactions, they’re using their own
systems, so we don’t have to double check…Well, the
regulators took the perspective of, ‘No. You’ve got
your name on it. It’s your system. It is being used,
but you don’t know exactly the way it’s being used, so
there’s no reason those two things shouldn’t line
up.’”

Delaware Online-

Unfortunately, MERS has been making national headlines recently as the subject of politically motivated rhetoric and litigation, including in Delaware with Attorney General Beau Biden’s recently announced lawsuit. Critics of the MERS database are publicly blaming it for just about everything that went wrong in the housing industry, for local revenue problems, and even for some of Wall Street’s transgressions.

[DELAWARE ONLINE]

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www.StopForeclosureFraud.com


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