Heroic Registers of Deeds Battling Mortgage Fraud
Federal regulators simply aren’t that interested in investigating foreclosure fraud and laying down the appropriate punishments. Tom Miller is too busy deflecting criticism about massive campaign contributions from the banking sector to run a proper state-based investigation. So it’s actually come down to the registers of deeds – the unassuming public servants working in county recorder’s offices across the country and carefully recording the transfers of land titles – to step up and deliver some measure of accountability on the banks for violations of law. So far, precious few registers of deeds have taken on this seemingly impossible task. But Jeff Thigpen in Guilford County, a county of about 465,000 in the center of North Carolina (the biggest city is Greensboro), has delivered the goods.
Thousands of mortgage documents in Guilford County could potentially be fraudulent, the county’s register of deeds said.
Jeff Thigpen said his office noticed signature discrepancies in more than 4,500 mortgage and foreclosure documents submitted between August 2006 and April 2010. While the same name was signed to documents, the signature characteristics were found to be different, Thigpen said.
I was left infuriated, rooted in what I believe is a betrayal of public trust,” Thigpen said.
The signatures were produced in companies Thigpen calls “mortgage mills,” which banks use to speed up the processes of selling, extending loans and charging more fees.
If the Mortgages got tax write offs by the investors that bought them from the banks and lost them in the market crash,then shouldn’t the federal government own them (or we the people) if the estimates are right wouldn’t that settle our national debt and give us a huge surplus?
These Banksters have been sticking it in the A** of America for way to long now and they need to go to PRISON and see how they like it.
I agree, fraud is fraud. Since when do you get a second chance after committing a crime classified as a felony.
One County in one state and there are 4,500 cases of fraud with another 2,300 under investigation. My God does anyone see how immense this conspiracy really is and how many Americans have been victimized.
I can’t even write down what I really feel should be done with these Corporate Giants and those who run them from atop their Ivory Towers……..But I’ll tell you this, if these 50 AG’s don’t come away from this big get together of theirs with some serious resolutions and a truck load of arrest warrants-justice may be had in the streets.
RESCIND, RESCIND, RESCIND!!!!!!!!!!!!! If there is fraud in the contract that voids and kills the contract. The contract never existed anyways, the truth is in the ORIGINATION FRAUD. They won’t place a nationwide moratorium on fraudclosures because there are too many who still do not know the truth. None of these shit loans ever existed. The financial terrorists just made hundreds of trillions of dollars off of a mere speculation. They intentionally persued massive, intentional poor and fraudulent lending practices foreign owned and operated FANNIE/FREDDIE BACKED to unqualified borrowers that they knew full well these borrowers would not be able to pay. WHEN THESE CRIMINALS INTENTIONALLY BUNDLED BAD LOANS WITH GOOD THEY SET AMERICA UP TO FAIL. They also INSURED THAT FRAUD AND OUR FAILURE TO REPAY WITH AIG WITH CREDIT DEFAULT SWAP INSURANCE, THEN,THEY SOLD THAT FRAUD A/K/A MORTGAGE BACKED SECURITIES TO INVESTORS, THEN THEY WERE OFF TO FRAUD STREET, WHERE THEY GAMBLED A/K/A SPECULATED OFF OF ALL OF US FAILING AND MADE 100 TRILLION DOLLARS IN MORTGAGE DERIVATIVES FRAUD SUCH AS CDO’s. CNBC REPORTED THAT WALL STREET MADE 60 TRILLION DOLLARS IN 1999 ALONE IN MORTGAGE DERIVATIVES FRAUD. THAT WAS INTENTIONAL AND THEY INTENDED TO CA– USE PERMANENT HARM TO AMERICA BY BANKRUPTING IT AND STEALING OUR HOMES THAT THEY NEVER OWNED WHEN THE DEFAULTS THEY KNEW WERE COMING, BEGAN TO TRICKLE IN. THEN THE INTENTIONAL COLLAPSE OF THE MARKET AND THE MASSIVE TAX-PAYER FUNDED BAILOUTS TO MAKE TAX-PAYERS PAY FOR ALL OF THE MONEY THEY STOLE OUT OF THE STOCK MARKET. THEN, FRAUDCLOSURES SO THE CRIMINALS THAT ROBBED US CAN COLLECT THE CREDIT DEFAULT INSURANCE WORTH 2-3 TIMES THE VALUE OF OUR HOMES PLUS STEAL THE HOME. Just check out the you tube video entitled CNBC THE ILLUMINATI CRASHES STOCK MARKET. ALL THEY EVER OWNED WAS A SPECULATION. NOTHING MORE, THEY ROBBED AMERICA BLIND AND THE PONZI SCHEME IS STILL GOING ON TO THIS VERY DAY VIA WALL STREET AND THE FEDERAL RESERVE BANK OF FRAUD. THE AMERICAN PEOPLE MUST SUE ALL OF THESE BASTARDS OUT OF EXISTANCE.. Check out todays Keiser report about the ongoing PONZI SCHEME HEIST: http://maxkeiser.com/
WHY DON’T WE JOIN AND MAKE A CLASS SUIT? PLEASE ADVISE….
I respect what he is doing but i disagree with what he suggests to do about it, IE: Let the banks refile sorry Jeff it dont work like that. They filed fraudulent documents in the public records, that is not only a crime but those folks own their homes free and clear because of the fraud. And all the bankers should be wearing orange jumpsuits.
They might be to big to fail but their not to big to jail!!