Wow...no wonder Bank of America was not too bothered by that $7 BILLION settlement.

[ms.smiler]

4. dixiegrrrrl, it was the transfer of servicing rights on my mortgage to a disreputable

company like Nationstar in 2009 that motivated me to examine my mortgage and property records.

I’m thankful for that “red flag” actually because it led to the discovery of fraud in my mortgage and ultimately fraudulent and null documents filed in the land records.

I think both Nationstar and Ocwen are under investigation in New York. Both companies engage in fraud but that is commonplace with securitized mortgage loans.

My own attorney thinks Nationstar and Ocwen are on their way out because of fraud & liability catching up to them and that new, smaller servicers like Seterus and others will advance to take their place.

It’s just a different party for homeowners to sue when they uncover problems with their mortgages and property Titles.

How nice that the banksters had an exit strategy.