Mortgage Loan Servicing's 'Dirty Dozen'

In West Palm Beach, Florida, Fraud Digest reports:

• On September 28, 2010, Fraud Digest released its list of the Dirty Dozen - the mortgage servicing companies most responsible (in the opinion of Fraud Digest) for flooding courts with millions of fraudulent mortgage assignments and Affidavits in foreclosure cases. Robo-signing (preparing over 10,000 sworn statements each month with no actual knowledge of the truth of the matters asserted) was certainly not limited to Jeffrey Stephan and GMAC Mortgage.(1)

Go here for Fraud Digest's Dirty Dozen.

Thanks to Deontos .is for the heads up on the Dirty Dozen list.

(1) Recent Fraud Digest reports cite the work of some of the more seemingly notorious "multiple corporate hat-wearing vice presidents" (also commonly referred to as "robo-signers" and "affidavit slaves") around the country that no doubt appear to have played significant roles in the creation of the "flood" of dubious documents currently clogging the courts (linked names below contain additional information on each):

September 30, 2010 report:

• To assist JPMorgan Chase, Fraud Digest suggests that it dismiss those actions where the Affidavits or Mortgage Assignments were signed by the following robo-signers: Beth Cottrell, Whitney Cook, Christina Trowbridge and Stacy Spohn from the Chase Home Finance office in Franklin County, OH; Margaret Dalton and Barbara Hindman from the Jacksonville, FL office of JPMorgan Chase; and any of the Lender Processing Services robo-signers from the Dakota County, MN office including Christina Allen, Liquenda Allotey, Christine Anderson, Alfonzo Greene, Laura Hescott, Bethany Hood, Cecelia Knox, Topako Love, Jodi Sobotta, Eric Tate, Amy Weis and Rick Wilken.

September 29, 2010 report:

• On September 29, 2010, another "Corrective Assignment" came to light, filed by the Florda law firm of Shapiro & Fishman. (See Corrective Assignment #2 in the Pleadings Section of Fraud Digest.) Like the first Corrective Assignment, a statement appears in bold that the new Assignment was filed because Linda Green [go here for even more on Linda Green], now infamous robo-signer from Lender Processing Services in Fulton County, GA, did not have authority to sign as an officer of Mortgage Electronic Registration Systems (MERS) when she signed the first Assignment.

September 23, 2010 report:

• China Brown has been employed for many years in the Ft. Mill, SC offices of America's Servicing Company, a division of Wells Fargo Bank, N.A. She signed many different job titles on mortgage-related documents, often using different titles on the same day. She often signs as an officer of MERS ("Mortgage Electronic Registration Systems, Inc.") On many Mortgage Assignments signed by China Brown, Wells Fargo, or the trust serviced by ASC, is shown as acquiring the mortgage weeks or even months AFTER the foreclosure action is filed. Titles attributed to China Brown include the following: Assistant Secretary, MERS, as Nominee for 1st Continental Mortgage Corporation; Assistant Secretary, MERS, as Nominee for American Brokers Conduit; Assistant Secretary, MERS, as Nominee for American Financial Resources, Inc.; Assistant Secretary, MERS, as Nominee for Amtrust Bank; Assistant Secretary, MERS, as Nominee for DSKL Enterprises, Inc. dba Mortgage Masters of the Treasure Coast; Assistant Secretary, MERS, as Nominee for First Magnus Financial Corp., an Arizona Corp.; Assistant Secretary, MERS, as Nominee for Guaranty Bank; Assistant Secretary, MERS, as Nominee for Impac Funding Corporation; Assistant Secretary, MERS, as Nominee for Ivanhoe Financial, Inc., a Delaware Corp.; Assistant Secretary, MERS, as Nominee for Lenders Direct Capital Corp.; Assistant Secretary, MERS, as Nominee for RBC Mortgage Company; Assistant Secretary, MERS, as Nominee for Shelter Mortgage Company, LLC; and Vice President of Loan Documentation, Deutsche Bank National Trust Company, as Trustee for First Franklin Mortgage Loan Trust 2006-FF11, by Wells Fargo Bank, N.A., as Attorney-in-Fact.

September 21, 2010 report:

• Tywanna Thomas was employed for many years in the Alpharetta, GA offices of Lender Processing Services. She signed many different job titles on mortgage-related documents, often using different titles on the same day. She often signed as an officer of MERS ("Mortgage Electronic Registration Systems, Inc.") There are at least four distinct versions of the Tywanna Thomas signature, indicating that several different persons signed the name “Tywanna Thomas.” Titles attributed to Tywanna Thomas include the following: [click here for the list of at least 20 "corporate hats" allegedly worn by Tywanna Thomas].

September 20, 2010 report:

• In thousands of cases, [Jeffrey] Stephan signed as an officer of many different banks and mortgage companies, including [lists approximately 20 job titles]. [...] Stephan often signed as an officer of mortgage companies that had filed for bankruptcy or dissolved. (Go here and go here for more on Jeffrey Stephan).

September 20, 2010 report:

• Kathy Smith has been employed for several years in the Jacksonville, FL (Duval County) offices of Lender Processing Services, Inc. She signs many different job titles on mortgage-related documents, often using different titles on the same day. She often signed as an officer of MERS ("Mortgage Electronic Registration Systems, Inc.") She often signs documents with other LPS-Jacksonville employees including Alisa Dhimitri, Theresa Esposito, Michelle Halyard, Michael Hunt, Joseph Kaminski and Cynthia Stevens. Titles attributed to Kathy Smith include the following: [lists 7 titles ].

September 19, 2010 report:

• Denise Bailey has been employed for several years in the Houston, TX (Harris County) offices of Litton Loan Servicing, LP. She signs many different job titles on mortgage-related documents, often using different titles on the same day. [...] She often signs documents with other Litton Loan Servicing employees Diane Dixon and Marti Noriega. She often does not disclose that she is working for Litton Loan Servicing and signs to assign mortgages TO Litton Loan Servicing or its client trusts. [...] Titles attributed to Denise Bailey include the following: [lists 5 titles].

September 16, 2010 report:

• Jessica Ohde was employed for many years in the Alpharetta, GA offices of Lender Processing Services. She signed many different job titles on mortgage-related documents, often using different titles on the same day. She often signed as an officer of MERS ("Mortgage Electronic Registration Systems, Inc.") There are at least four distinct versions of the Jessica Ohde signature, indicating that several different persons signed the name “Jessica Ohde.” Titles attributed to Jessica Ohde include the following: [lists six titles].