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Loan Modification

: Mortgage Lender Implode-o-Meter

Foreclosure Expert Confirms Mortgages Pledged Multiple Times, Not Actually Securitized, Document Problem Is Really a System of "Push-Button Fraud"

By Implode-Explode Heavy Industries

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"Today, foreclosure expert Neil Garfield (former investment banker, trial lawyer and board member of several financial institutions) confirms this, explains that the loans were not actually securitized, and the whole "sloppy paperwork" excuse is really an attempt to explain away a system of push-button fraud:"

Full post as published by Mortgage Lender Implode-o-Meter on October 20, 2010 (boomark / email).

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