“This should concern everybody because if this taints mortgages and taints documentation of who owns a piece of property or who doesn’t or can you prove you own that property its certainly going to have an effect on the real estate market”
–  Hampden County Register of Deeds, Don Ashe.

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Study: Invalid mtg. assignments found

22News I-Team Investigation

Laura Hutchinson & Jessica Stanley – 22News Investigative Team

SPRINGFIELD, Mass. (WWLP) – Massachusetts Attorney General (NOT FLORIDA) is investigating bank practices that could make it hard to sell your home one day.

It’s all about who owns your property and can you prove it?

Bill Bry, Debra LaFleur and Bobby Hollins have one thing in common.

They each claim to be a victim of improper bank practices relating to their mortgage.

Marie McDonnell, who is a certified fraud examiner, didn’t comment on their specific cases, but says she’s seen something similar before.

She examined mortgages in the Essex Southern District Registry of Deeds, and claims she found 75% of the mortgages assignments there are invalid due to claimed deceptive or careless bank practices.

“We find they have robo-signed documents, that have other fatal flaws in the assignments of mortgage so it’s a huge problem for everyone, this is effecting everyone,” McDonnell said.

Rest here…

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4closureFraud.org