This is a study of the  DOCX mortgage assignments in just one county – Palm Beach County, FL.

In just 18 months, 1,742 such assignments were filed with a total value of mortgages of $560,239,797.

Most of these assignments transferred mortgages to residential mortgage-backed trusts.

Deutsche Bank was the number one beneficiary.

The trusts that most often used these forged documents were:

American Home Mortgage Asset Trusts
American Home Mortgage Investment Trusts
Soundview Home Loan Trusts
Option One Mortgage Loan Trust
HSI Asset Securitization Trusts

When considering also the assignments from LPS/MN and from LPS Network Law firm – David Stern – nearly $2 billion in mortgages were transferred in just 18 months in one county.

Lynn E. Szymoniak, Ed., Fraud Digest, October 3, 2011

Full report below…

~

4closureFraud.org

~

Following the Money – The Beneficiaries of Fraudulent Mortgage Assignments

[scribd id=67359553 key=key-1x6gzstbdlmmuxvpq3ap mode=list]

Very Long List of Assignments by Book & Page Number

[scribd id=67360574 key=key-1xwpu0ltacim3wuyhwpp mode=list]