Ginnie Mae To Big Banks: Show Us Your Mortgages. But Can They?

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Ginnie Mae To Big Banks: Show Us Your Mortgages. But Can They?

Ginnie Mae To Big Banks: Show Us Your Mortgages. But Can They?

Don’t be fooled by Ginnie Mae, as ALL including the DOJ, FBI etc etc … knew from the day this blog began about all the fraudulent documents being fabricated. They were watching by the sidelines as homeowner after homeowner were being illegally robbed of their homes.


Benzinga-

The Government National Mortgage Association (Ginnie Mae) recently discovered that Bank of America (NYSE: BAC) is missing key documents relating to mortgages the bank services for it, Kate Berry reported for National Mortgage News.

Because Bank of America is missing so many documents, Ginnie Mae put a planned sale of mortgage servicing rights on hold. While Bank of America assesses the problem, Ginnie Mae has decided to take inventory more broadly, Berry reports: “…Ginnie Mae, is trying to assess the magnitude of the problem of missing documents. Ginnie now plans to send letters this month to about 10 of the largest mortgage servicers – including B of A, JPMorgan Chase and Wells Fargo – that take part in a special program to expedite servicing transfers.”

[BENZINGA]

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CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

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2 Responses to “Ginnie Mae To Big Banks: Show Us Your Mortgages. But Can They?”

  1. GuyFawkesLives says:

    Not only did they KNOW, but they (Freddie, Fannie and Ginny, i.e. quasi-governmental agencies) have been the driving force behind the TIMELINES, the MONETARY INCENTIVES to foreclose on the homeowners illegally and FASTER!

    I SO HATE OUR GOVENRMENT WITH MORE PASSION THAN MOST.

  2. Charles Reed says:

    Here what crazy about this request is it blows the top off of government securities. SEC cannot also no get involve because the securities are owned by these investors who have been receiving illegal payments and the proceeds from the illegal foreclosures and insurance claims!

    We are talking about billions of dollars in False Claims against the Federal Government!

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