GMAC Halts All Foreclosures In 23 States On Heels Of Florida Judge Finding JPM Committed Court Fraud In Mortgage Misappropriation GMAC Halts All Foreclosures In 23 States On Heels Of Florida judge finding jpm committed Court Fraud In Mortgage Misappropriation | zero hedge Submitted by Tyler Durden on 09/20/2010 08:39 -0500 Ally Bank
As we pointed out last week, a certain judge in Florida set quite a precedent when he found that JPM, as servicer for a Fannie mortgage, had committed court fraud by foreclosing while not in possession of the actual mortgage.We then concluded that "The implications for the REO and foreclosures track for banks could be dire as a result of this ruling, as this could severely impact the ongoing.
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Also known as a real estate investment club, a REI Club is a network of investors who wish to learn about real estate july 2017 lee County Fl foreclosure trend report See moreSHOPPING super mall gmac halts All Foreclosures In 23 States On Heels Of Florida Judge Finding JPM Committed Court Fraud In Mortgage Misappropriation GMAC Halts All.
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GMAC Halts All Foreclosures In 23 States On Heels Of Florida Judge Finding JPM Committed Court Fraud In Mortgage Misappropriation. by Tyler Durden. Mon, 09/20/2010 – 09:39. 0. SHARES.
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[Mains cites to deposition of Riley in JPM Morgan Chase v Orazco Case no 29997 CA, 11th Judicial Circuit, Florida. 30 That Cynthia Riley was laid off in November 2006 and never again employed as a note review examiner by WAMU nor at JP Morgan Chase. 30.
Full Deposition of Jeffrey Stephan – GMAC’s Assignment / Affidavit Slave – 10,000 Documents a Month. GMAC Freezing ALL Foreclosures in 23 States to Take Corrective Action Foreclosure Fraud. U.S. Pursues One of the Biggest Mortgage-Fraud Probes Since the Financial Crisis; 000.
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· The judge, Jed S. Rakoff of United States District Court in Manhattan, said that he could not determine whether the agency’s settlement with Citigroup was "fair, reasonable, adequate and in the public interest," as required by law, because the agency had claimed, but had not proved, that Citigroup committed fraud.