Comments on: Was the SunTrust Agency “Shortcut” the Biggest Fraud in Mortgage History? https://4closurefraud.org/2013/04/22/was-the-suntrust-agency-shortcut-the-biggest-fraud-in-mortgage-history/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Mon, 08 Dec 2025 14:38:45 +0000 hourly 1 https://wordpress.org/?v=7.0.3 By: neidermeyer https://4closurefraud.org/2013/04/22/was-the-suntrust-agency-shortcut-the-biggest-fraud-in-mortgage-history/#comment-410738 Tue, 23 Apr 2013 10:45:48 +0000 https://4closurefraud.org/?p=59098#comment-410738 In reply to Sarah.

Suntrust is the weakest of all the major or super-regional banks ,, they failed the last audit ,, one of only 2 I believe … SunTrust in their standard mortgage note ALWAYS names MERS as the mortgagor … lots of weird and wonderful stuff in a SunTrust loan … I don’t think they actually had enough assets even back in the 2000’s ,, Can anyone tell me who/if their loans were table funded by another bank/lender?

]]> By: Sarah https://4closurefraud.org/2013/04/22/was-the-suntrust-agency-shortcut-the-biggest-fraud-in-mortgage-history/#comment-410630 Mon, 22 Apr 2013 19:16:02 +0000 https://4closurefraud.org/?p=59098#comment-410630 It’s hard to believe Suntrust and Countryfraud were the only ones up to such hijinks. I also find it hard to believe Fannie didn’t know what the “left hand was a doin’ to the right hand.” I don’t have any faith in any agency, the SEC doesn’t seem to do much of anything and Mary Jo is another appointed crony.

]]> By: project_wolverine https://4closurefraud.org/2013/04/22/was-the-suntrust-agency-shortcut-the-biggest-fraud-in-mortgage-history/#comment-410609 Mon, 22 Apr 2013 14:37:23 +0000 https://4closurefraud.org/?p=59098#comment-410609 Uncle Sam’s Deadbeat Mortgage Lenders
Asher Hawkins, 03.01.10, 02:54 PM EST
Will these 10 firms’ high default ratios wind up costing taxpayers a bundle?

The Feds’ Next Housing Debacle
America’s Most Troubled Real Estate Markets
Mortgage Defaults May Kill Housing Recovery

If you read the news everyday, you’ve probably seen more and more headlines like these in recent months: “Government Shuts Down Troubled Mortgage Firm” and “HUD Probes High-Default Lenders.”

Such language might lead you to believe that the feds are weeding out bum lenders. What you’d be missing is that even after the feds zero in on suspect mortgage outfits, there’s still a good chance they will continue to put taxpayer dollars in jeopardy for years to come.

For a Top 10 list of Uncle Sam’s biggest deadbeat lenders, click here.

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