Originally Posted on 4ForeclosureFraud.org
MORTGAGE FRAUD:
- ALLY FINANCIAL/GMAC
- BANK OF AMERICA
- CITIBANK
- JP MORGAN CHASE
- ONEWEST BANK
- WELLS FARGO BANK
ACTION DATE: DECEMBER 20, 2010
LOCATION: New Jersey
Chief Justice of the New Jersey Supreme Court entered an Order To Show Cause “In The Matter of Residential Mortgage Foreclosure Pleadings and Document Irregularities” in a major civil action . Six major mortgage companies and their bank-owners were ordered to show cause why the Court should not suspend their rights to foreclose.
Clearly cases like this will be popping up and could very well unhinge the real estate world. Look out title insurers, here come the claims. I can think of at least one underwriter that should have listened to me a few years ago.
Here is the original article – http://4closurefraud.org/2010/12/21/mortgage-fraud-allygmac-bofa-citi-chase-onewest-wells