Tag: mortgage fraud foreclosure

  • How MERS Enables Banks to Foreclose

    How MERS Enables Banks to Foreclose

    You may never have heard of the Mortgage Electronic Registration Systems (MERS), but it's the culprit that enabled many of the "robo-signers" to perpetuate their foreclosure fraud. L. Randall Wray provides an excellent overview of the fraud in a three part series for the Huffington Post. Banks not only created... Continue Reading

  • Real Estate Fraud: How to Spot a Scam

    Real Estate Fraud: How to Spot a Scam

    Real estate and mortgage fraud cases may be the latest fallout from the recent real estate bubble. Two recent California court cases demonstrate the lengths that white-collar criminals will go to in order to deceive buyers, banks and investors. In Orange County, a former real estate broker stole clients'... Continue Reading