Saturday, October 16, 2010

Mortgage Assignment Fraud Quiz

Dean Mostofi, mortgage loan auditor wrote:


Here is a “Mortgage Assignment Fraud” quiz for you. Below are sample assignments of deed of trust, executed and recorded by Ocwen Loan Servicing LLC employees, among the land records of Maryland in preparation for commencing foreclosure actions. Each purports to confirm that on August 13, 2009, MERS, acting as nominee for Taylor Bean & Whitaker, had assigned the mentioned deed of trust to Ocwen Loan Servicing. The assignments were recorded on different dates between December of 2009 and September of 2010, yet the alleged assignments had all taken place on August 13, 2009.


Quiz – Why is Ocwen backdating assignments to August 13, 2009?


Dean Mostofi



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