FIGHTING FORECLOSURE | Wisconsin – Bank Practices Cause Register of Deeds Offices to be Flooded with Fraudulent Documents

Bank practices cause register of deeds offices to be flooded with fraudulent documents

It used to be that if you wanted to find out who owned your mortgage, you could go to the office of your local register of deeds, the final authority on questions of property ownership.

But when banks set up their own private registration system to help them bundle and resell mortgages in a whirlwind of securities exchanges, the land offices of record had no hope of keeping up.

And when some banks later foreclosed on many of those properties, often cutting corners or worse — creating phony documents — it left register of deeds offices across Wisconsin awash in forged and fraudulent documents.

That’s a “serious problem” for registrars charged with maintaining property records, said Brown County Register of Deeds Cathy Williquette Lindsay, who heads a committee studying foreclosure fraud on behalf of the Wisconsin Register of Deeds Association.

“It’s troubling to know that in each of our offices, are thousands — and I mean thousands — of fraudulent documents,” Williquette Lindsay said.

Registrars’ offices across Wisconsin are littered with paperwork signed and sworn to by fictitious people, including “Linda Green,” a handle commonly used by “robo-signers” — workers who signed off on foreclosure documents without verifying them.

“Not only did ‘Linda Green’ not sign it,” Williquette Lindsay said, “but somebody fraudulently notorized it.”

Rest here…

~

4closureFraud.org

Comments
3 Responses to “FIGHTING FORECLOSURE | Wisconsin – Bank Practices Cause Register of Deeds Offices to be Flooded with Fraudulent Documents”
  1. lies is all they tell says:

    yes , if the judges paid attention to law instead of thinking we are “deadbeats” maybe this would have panned out differently. the laws are there to follow. how can they allow these atrocities to happen. nwe are not deadbeats we have fraud perped on us. these pretender lenders were handing out money they had no obligation or cared if it was ever paid back. all our stories are different all our stories are the same. when will we get our justice. these are our homes they are stealing.

  2. Beth A> says:

    …and in Michigan…no one except two registrars piped up.
    What’s up with that?

    Guess they feel in a non-judicial state such as MI, it’s fine to file fraudulent documents and they don’t investigate them because its above their pay grade.

    Folks like Mr. Hertel in Ingham County and this Wisconsin registrar are true patriots. God bess you!

  3. MARGETTA LANGLOIS PRO.SE says:

    JUDGE’S ARE TO “BLME” THEY ALL ALLOWED IT TO HAPPEN “SHAME” SHAME” ON THE JUDGE’S FOR

    $$$$$$$$$$$$$$$$$$$$$$$$$$THEY ID IT ALL

    “J-A-I-L” FOR JUDGE’S YAY ………..

Leave a Reply