False Statements – Lender Processing Services, Inc.

Lender Processing Services, Inc. Action Date: October 5, 2010 Location: Jacksonville, FL On October 4, 2010, Lender Processing Services, a company that is an integral part of the foreclosure process in most states, issued a press release to correct press “mischaracterizations.” The LPS press release was factually inaccurate. LPS claimed that only two lenders/servicers were … Continue reading

Naked Capitalism – Multi-Billion-Dollar Class Action Suits Filed Against Lender Processing Services for Illegal Fee Sharing, Document Fabrication; Prommis Solutions Also Targeted

Multi-Billion-Dollar Class Action Suits Filed Against Lender Processing Services for Illegal Fee Sharing, Document Fabrication; Prommis Solutions Also Targeted Welcome to our new readers from the FCIC. Lender Processing Services, a crucial player in the residential mortgage servicing arena, has been hit with two suits seeking national class action status (see here and here for … Continue reading

Psst. Hey you, yea, you. I got just what you need. Lender Processing Services’ DOCX Document Fabrication Price Sheet

Cure Defective Mortgage $12.95 + TPC ~ Create Lost Note Affidavit $12.95 + SH ~ Create Note Allonge $12.95 + SH ~ Create Missing Intervening Assignment $35.00 + TPC ~ Cure Defective Assignment $12.95 + TPC ~ My Favorite ~ Recreate Entire Collateral File $95.00 + TPC ~ Ummmmm…. Wow… From the Catalog… DOCX’s GetNet™ … Continue reading

Can it be True? Fraud Digest – Mortgage Fraud JPMorgan Chase Barbara Hindman et al

Chase Home Finance, LLC Whitney Cook Beth Cottrell Stacy Spohn Christina Trowbridge JPMorgan Chase Washington Mutual Bank Margaret Dalton Barbara Hindman Lender Processing Services Long Beach Mortgage Action Date: September 30, 2010 Location: New York, NY On September 29, 2010, financial giant JP Morgan Chase announced it was suspending 56,000 foreclosures because its documents may … Continue reading

Toxic Titles Part Deux – Linda Green of Docx (et al?) Did NOT Have Signing Authority on Behalf of MERS

TOXIC TOXIC TOXIC TOXIC TOXIC TITLES TITLES TITLES TITLES Oh oh… This could be bad… Back in August I published this report that Linda Green did not have signing authority on behalf of (MERS). Now the interesting thing is it wasn’t a “deadbeat homeowner”, a “loose cannon consumer advocate” or a “sleazy foreclosure defense attorney” … Continue reading

Washington Post – Ally’s mortgage documentation problems could extend beyond 23 states

So yesterday I get an email from the Washington Post requesting some documents that Jeffrey Stephan signed in NON-Judicial states, since they are only halting their proceedings in 23 states, and sent some over… This morning I get a “Thank You Again!” from the reporter over at the post with a link to their latest … Continue reading

Washington Post Nails It! Amid mountain of paperwork, shortcuts and forgeries mar foreclosure process

Now this is what I call some kick ass journalism… We have been screaming about the massive frauds that have been perpetrated in our courts and against millions of Americans who are losing their homes for over a year and our efforts are finally paying off.. Check it out… It is blowing up!!! Amid mountain … Continue reading

Open Letter to MERS, Freddie & Fannie Re: Abuses and Forgeries By MERS Officers in Mortgage Foreclosures

Can’t say you didn’t know, not that you don’t already… Lynn E. Szymoniak, Esq. The Metropolitan, PH 2-5 403 S. Sapodilla Avenue West Palm Beach, Florida  33401 (szymoniak@mac.com) Mr. Ed Albrigo Senior Vice President FREDDIE MAC 8200 Jones Branch Drive MS 200 McLean, Virginia  22102 Mr. R.K. Arnold, President and CEO Merscorp, Inc. 1595 Spring … Continue reading

ACTION ALERT – Linda Green of Docx (et al?) Did NOT Have Signing Authority on Behalf of MERS

Prepared by and return to: Shapiro & Fishman LLP Got that? “Linda Green, Vice President who at the time did not have signing authority on behalf of (MERS) WOW! (Assignment Below) Linda Green Lender Processing Services Shapiro & Fishman Action Date: August 26, 2010 Location: Fort Lauderdale, FL On August 11, 2010, the Florida foreclosure … Continue reading

The Most Reviled Law Firm in Florida and the “Unowned Mortgage Loans” Scheme

By LYNN E. SZYMONIAK, ESQ. Editor, Fraud Digest (www.frauddigest.com),  AUGUST 1, 2010 In the last weekend in July, 2010, photographs of Florida lawyer David J. Stern appeared on the internet.  Stern, the owner of the largest foreclosure law firm in Florida, was photographed sun-bathing on his 130’ foot yacht, reportedly to be named “Su Casa … Continue reading

Foreclosure Fraud Exposed!!! Foreclosures Bring Wealth, Rebukes for Florida Lawyer David J. Stern

Attention ALL Florida Judges: ~ With all that is know known, with all the frauds that have been presented, with all of the reports and with all of the current / pending high level investigations into these Foreclosure Mills, how can summary judgments be granted in ANY contested case at all? ~ I guarantee that … Continue reading

2009 Mortgage Assignments – Over a Trillion Dollars of Assets Transferred

COMMENTS  from Lynn Szymoniak re “Linda Green” Mortgage Assignments On June 29, 2010, Judge William C. Todd, III, entered a lengthy opinion in a NJ foreclosure action, Bank of New York as Trustee v. Michael J. Raftogianis, et al., Case No.F-7356-09, Superior Ct. of NJ, Atlantic County, in a case involving securitization, MERS and questionable mortgage assignments. … Continue reading

National Mortgage Delinquency Rate Skyrockets to 9.2% LPS Mortgage Monitor

Month over Month Increase of 2.3%, Year over Year Increase of 7.9% ~ May Foreclosure Rate = 3.18% Year over Year Increase of 13.5% ~ Total Non-Current (including Delinquencies and Foreclosures) Florida 22.4% ~ Foreclosure Starts –Nevada and Florida are still the hot spots ~ JACKSONVILLE, Fla., July 6 /PRNewswire-FirstCall/ — The May Mortgage Monitor … Continue reading

The Market Ticker – Consumers Learning From Banksters

The Market Ticker Posted by Karl Denninger No surprise here…. Foreclosure has allowed them to stabilize the family business. Go to Outback occasionally for a steak. Take their gas-guzzling airboat out for the weekend. Visit the Hard Rock Casino. Yes, the tone of the article is rather negative toward these individuals. Guess what – I … Continue reading

LPS’ April Mortgage Monitor Report: Stabilization Clouded by Elevated Pool of Distressed Loans and Rate of New Delinquencies

90-day Default Rate Stable; Eight States Still Exceed Foreclosure Inventory National Average JACKSONVILLE, Fla., June 1 /PRNewswire-FirstCall/ — The Mortgage Monitor report released today by Lender Processing Services, Inc. (NYSE: LPS), a leading provider of mortgage performance data and analytics, indicated that signs of stabilization in the nation’s home loan delinquency and foreclosure rates remain … Continue reading