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View Diary: NY Atty. Gen. Schneiderman LOVES Today's Mortgage Fraud Deal. UPDATED x3 Liz Warren Likes it Too! (261 comments)

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  •  Such Bullshit--"Forclosed On in the Normal Course (0+ / 0-)

    of business."

    Try to pay attention---The sole reason for the fraudulent document forclosures was the the mortgage servicers were unable to show they had the right to forclose on properties.  Because they had no proof, they manufactured fraudulent documents to supply phony proof of the right to forclose.  

    Simply put, they would never be able to forclose in the normal course of business, so they needed to make shit up.

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