Mortgage Companies Seek Time Travelers to Find Missing Documents

Recruiters are hiring for a job that shouldn’t exist: finding “missing” documents required to “complete” broken chains of title on mortgages entering foreclosure.

Since all assignments of mortgage should have been prepared and recorded within days of the transfer or sale — and the failure to do so irreparably ruptures chain of title — the companies would seem to be looking for time travelers or magicians.

Or maybe they want to manufacture false evidence to introduce into courts as a means to take away people’s homes.

Without a chain of title, documenting the sequence of historical transfers of title to a property, foreclosure proceedings cannot continue in a legal fashion. 

More from David Dayen at the Intercept here…