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

Justice League

Chain of TitleGreat job, David. And yes, foreclosure is still happening despite the financial analysts and banks are still stating that foreclosure is declining… A digitally notarized document? Now that is the newest fraud tactic.

By David Dayen

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.

Here at The Intercept, in the past 10 months, I’ve written about the New Jersey man who had precious family heirlooms robbed by Wells Fargo subcontractors when they illegally “trashed out” his foreclosed home. I’ve written about the use of false documents in Seattle and the unregistered business trusts operating in Montana. I’ve written about the Texas jury that awarded $5 million in one wrongful foreclosure case with fabricated and robo-signed documents. I’ve…

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