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Fannie Florida Mortgage with Golant Highlights. Further supported by this case Sims v New Falls. Now, understand the industry never intended these notes and mortgages to transfer via endorsement. The industry set this whole system up so that the notes and mortgage would transfer via Article 9 of the UCC. It’s just so plain and simple.
Forged Documents, Fake Titles: Is The Florida Mortgage Mess Only The Tip Of The Iceberg? Nationwide Bank is for an auto loan only. Tried to get a mortgage through them but fortunately I secured a loan through another lender with cheaper closing costs and a lower interest rate.
Over the last two and a half years, Wells Fargo, like most of the major mortgage servicers, claimed that it had a "rigorous system" to insure that mortgage documents were accurate and complete. The reason this mattered was that there was significant evidence to the contrary. Foreclosure defense attorneys found repeatedly that, for securitized mortgages, the servicer or foreclosure mill.
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Proof of Ongoing Foreclosure Fraud and Mortgage Document Fabrication, in Five Emails. They paid $1.6 million in restitution and civil penalties. The company, specializing in servicing delinquent loans and based in Fort Worth, Texas, only has $95 million in total assets.
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