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[+] Boston National Title - Deborah Jackson/GA (3 replies)
8/29/2011 7:08:43 PM (5780 views)

[+] Altisource - Deborah Jackson/GA (6 replies)
8/29/2011 7:01:56 PM (4188 views)

[+] NREIS - Carla Curry/KY (4 replies)
8/29/2011 5:44:43 PM (3895 views)

converting to PDF - JOANN CALWELL/MD
8/29/2011 3:53:17 PM (2534 views)

[+] American Abstract - NY - No Pay - Scott Aduddell/MO (1 reply)
8/29/2011 1:12:56 PM (3212 views)


Real Title Services


[+] East Coast Abstracting in Bad Weather? - William Pattison /CA (2 replies)
8/29/2011 1:12:54 PM (3317 views)

[+] BEWARE!!! Tri State Abstracting - Joyce Obrien/PA (3 replies)
8/27/2011 5:55:54 PM (6448 views)

Township Tax Revolt by Voters - William Pattison /CA
8/27/2011 7:25:14 AM (2586 views)

[+] Altisource - Cherie Smurthwaite/CA (2 replies)
8/26/2011 11:11:49 PM (3720 views)

[+] Comment on "High-Priced Deed Scam Continues" - Source of Title/OH (1 reply)
8/26/2011 9:57:36 PM (3108 views)

[+] Hawaii Leasehold question - William Pattison /CA (2 replies)
8/26/2011 11:53:04 AM (3081 views)

[+] Subordination Agreement - F P/VA (2 replies)
8/26/2011 9:53:51 AM (3085 views)

[+] Easy sharing on Linkedin and Twitter? - CHARLENE  PERRY/MD (2 replies)
8/24/2011 9:13:40 PM (3059 views)

Interesting Email Icon - Nils Nelson/ME
8/24/2011 8:24:59 PM (2563 views)

[-] Foreclosure Fraud Ongoing and Hard to Spot - William Pattison /CA (1 reply)
8/24/2011 12:47:34 PM (3481 views)
sherriequestioningall.blogspot.com/2011/04/60-minutes-expose-on-fraudclosure-banks.html


LPS is a subsidiary of Fidelity National Title Insurance Company. Other companies have  mechanisms to handle this sort of work, too. First American Title distanced their escrow operations from their trustee-foreclosure units a few years ago in anticipation of problems. First American emails papers to their contractors in field (who sit at Recorders Offices awaiting the "go ahead" to file deed and mortgage papers) in order for them to print up and sign (again, without authorization). They do not centralize it in one facility like LPS did, making it rather innocuous and unremarkable to have a few papers signed each day, one-county-to-the-next rather than thousands all at once in a single office. However, the cumulative effect is the same; document fraud by the tens of thousands that's been occurring for years.

I've posted in forums repeatedly about Passion Title Services and SPL, Inc. as two local firms in the SF Bay Area that do this on a consistent basis for their client firms (various title insurance companies). I have contacted the media about it to no avail.  I am holding a seminar on document forensics which addresses the issue.  Join me for it:  MeetUp.com group "Real Estate Foreclosure Seminars".  I guess I lack credibility after only 27 years in the business. lol

 

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Re: Foreclosure Fraud Ongoing and Hard to Spot - CHARLENE  PERRY/MD
8/24/2011 9:18:19 PM (4739 views)


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