Foreclosure Fraud Is Supposed to Be a Thing of the Past, But It Happens Every Day

You can’t repeat these words enough!

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old-mortgage-deed-7611736.jpgBy David Dayen

Foreclosure Fraud Is Supposed to Be a Thing of the Past, But It Happens Every Day

Every day in America, people continue to be kicked out of their homes based on false documents. The settlements over allegations of robosigning, faulty paperwork, and illegal mortgage servicing didn’t end the misconduct. And law enforcement, along with most judges and politicians, have looked away in the mistaken belief that they wrapped up a scandal that just goes on and on.

My new book, Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud, is about three foreclosure victims who ended up doing more investigation of the corrupt U.S. mortgage industry than any state or federal law enforcement or regulatory official.

They exposed the mass production of false mortgage documents in courthouses and county records offices across the country.

It’s a work of history, depicting events that…

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