Foreclosure Fraud Panel Two Hearing Testimony – Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing

Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing

Date: November 18, 2010
Time: 10:00AM

Location: 2128 Rayburn House Office Building

Witness List & Prepared Testimony:

• Ms. Rebecca Mairone, Default Servicing Executive, Bank of America

• Mr. Thomas Marano, CEO of Mortgage Operations, Ally Financial Inc.

• Ms. Stephanie Mudick, Executive Vice President, Office of Consumer Practices, JP Morgan Chase

• Mr. Alan Jones, Manager of Operations, Wells Fargo Home Mortgage Servicing

• Mr. Harold Lewis, Managing Director, Citi Mortgage

• Mr. RK Arnold, President and CEO, Mortgage Electronic Registration Systems, Inc. (MERS)

Full testimony below…

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4closureFraud.org

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Panel Two Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing

Comments
3 Responses to “Foreclosure Fraud Panel Two Hearing Testimony – Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing”
  1. kravitz says:

    Mairone read her Huffington Post puff piece, with mash-ups. Citi has the only person of color (in the public relations world, this is a sure sign you’re in some deep Shinola)

  2. ileb says:

    So far this is not going well simply because the right questions are not being asked. Mr arnold should be getting reamed right now as lack of standing is a HUGE issue, and MERS is most responsible for this. MERS needs to be indicted for their fraud and crime.

    • kravitz says:

      Maxine did get in a cute little joke about ‘depositions from the employees’ and noting ‘we don’t have any from MERS.’ Playing up the notion that MERS has no employees.

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