Several months ago, the major banks sounded the all clear signal regarding robo-signing in non-judicial foreclosure states, namely Michigan and Massachusetts. It appears those claims of non-exist robo-signing were either greatly exaggerated or were overly optimistic.
MFI-Miami has uncovered evidence of forged documents drafted and signed by attorneys and employees at Orlans Associates at their corporate offices in Troy, Michigan. These fraudulent documents will impact tens of thousands of foreclosures done by Ally Financial, Bank of America, Deutsche Bank, JPMorgan-Chase, Fannie Mae and others in Michigan and Massachusetts over the past five years and makes the investigation being done by Ingham County Register of Deeds, Curtis Hertel, Jr. and Oakland County Clerk Bill Bullard into the robo-signing of Linda Green at the now defunct DocX look like a kindergarten production of the movie, The Firm.
Note from Richard:Over the past couple of years, in the midst of this financial meltdown fiasco, I’ve made a few friends and among those friends I’m made a few very close friends. I consider Mike Dillon one of those. Here’s his Post:
So, like everyone else, I’ve been curious about this “Anonymous” collective BoA leak for a few days now. Only I’ve been curious for slightly different reasons. Most people wouldn’t have clued in on it when the “pre-leak” mentioned Balboa Insurance because it’s inside baseball. In fact, unless you have been dealing with Mortgage Servicing Fraud, this entire topic might very well be completely foreign to you. To be honest, until I heard Balboa mentioned, I really wasn’t paying much attention either.
But the issues that this leak highlight, it turns out, have been around and, more importantly, have been known about for at least the last decade. Mortgage Servicing Fraud victims have known about force placed insurance issues for forever. Force placed insurance is part of the reason that Mortgage Servicing Fraud is so successful. Force placed insurance, among other things, creates defaults in borrowers’ accounts that would otherwise not exist. In my own case, between myself and the NH Banking Department, we must have supplied proof of homeowners insurance to my servicer, Fairbanks Capital Corp. n/k/a Select Portfolio Servicing, seven times. SEVEN. And yet, it did little good. Even when they attempted to “reverse” the charges it did little good. That is because once the accounting goes sidewards on a mortgage servicer’s books it is, for all intents and purposes, likely to stay that way. The damage is done to the borrower’s account.
Many thanks to Foreclosure Fraud Fighter MIKE DILLON!
Couple Fighting Foreclosure Gets Day In Court
Manchester Homeowner Helps Couple Navigate Paperwork
POSTED: 5:41 pm EDT July 13, 2010
SANDWICH, N.H. —
A couple in Sandwich who nearly lost their home to foreclosure is gaining traction in their fight against what they said is fraudulent action by the companies trying to take their home.
In March, a last-minute court order forced a foreclosure auctioneer to drive away on auction day without selling the home of Porter and Angie Moore.
While many foreclosures are a legitimate result of a down economy, lost jobs and homeowners taking on more debt than they can manage, the Moores said that’s not the case for them. They said they may have enough proof that their home shouldn’t be foreclosed to get them their day in court.
The Moores said one problem with the foreclosure proceedings is that it’s unclear who owns their bank note. The confusion has made it difficult to appeal, and they had almost given up before they met Mike Dillon.
Dillon, of Manchester, said he’s no expert in foreclosures, but he’s an angry homeowner in the middle of a 10-year battle to keep a bank from foreclosing on his home. He heard the Moores’ story and gave them some advice on how to fight back.
“I was able to share some information with Porter as far as what was going on with his case, just based on his paperwork, on his assignment of mortgage filed at the Registry of Deeds,” Dillon said.
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