attorney who process forged mortgage notes

What happens if you forge a bank note?

May 26, 2016 · 1. Plaintiff introduced a copy of the forged note that was attached to the original complaint (CI2, 633-638) and testifying, over the objection of the homeowners, as to its authenticity as an accurate copy of the original when the witness admitted that she had not seen the alleged original until the day of trial. 2.

Can I prove my signature was forged on a loan modification?

the notes were often sold and resold during the boom years, many financial companies lost track of the documents. Now, legal officials are accusing companies of forging the documents needed to reclaim the properties. Recently, the Florida Attorney General's Office said it was investigating the use of "bogus assignment" documents by Lender

What is it called when you forge a document?

Now, legal officials are accusing companies of forging the documents needed to reclaim the properties. Recently, the Florida Attorney General's Office said it was investigating the use of "bogus assignment" documents by Lender Processing Services Inc. and its former parent, Fidelity National Financial Inc.

Do I need a lawyer for a forgery case?

Jun 20, 2015 · The fifth and final note to surface (refer to (5)) would be shown to be the original to our current attorney in April 2014; with no “note stamp” on the first page, the forged endorsement of Ms. Sneed and an undated stamped endorsement that showed a transfer from New Century to US Bank; not to mention our signatures appeared in “blue ink”.

What is the penalty for a mortgage banker who knowingly files a false lien?

A person who makes a false statement in the mortgage lending process is guilty of a category C felony and, upon conviction, shall be punished by imprisonment in the state prison for a minimum term of not less than one year and a maximum term of not more than 10 years, or by a fine of not more than $10,000, or by both ...Sep 22, 2011

What is the maximum penalty for providing false information on a federally related loan?

The application states that knowingly making a false statement is punishable by a maximum of (1) five years' imprisonment and/or a $250,000 fine under 18 U.S.C. §1001 (making false statements) and 18 U.S.C.Apr 27, 2020

What is Asmt of mortgage?

Assignment of the mortgage agreement occurs when the mortgagee (the bank or lender) transfers its rights under the agreement to another party. That party is referred to as the assignee, and receives the right to enforce the agreement's terms against the assignor, or debtor (also called the “mortgagor”).Oct 14, 2020

Is a mortgage note a legal document?

As stated above, the mortgage note is a legal document that sets out all the terms of the mortgage between a borrower and their lending institution. It includes terms such as: The amount of the mortgage loan. The down payment amount.Jan 24, 2022

What happens if you lie to your mortgage broker?

Lying about your circumstances, or exaggerating / playing down certain information could actually be seen as mortgage fraud and could result in you losing your home, landing a hefty fine or even ending up in prison, depending on the severity of your lies.Jan 10, 2020

What happens if you lie on a mortgage loan?

In addition, penalties for mortgage fraud – which is what lying on a mortgage application is – range as high as 30 years in prison and a $1 million fine. You likely won't face a penalty like that for a small exaggeration or omission, but you could still end up with a fine and a conviction.Jul 9, 2015

Who signs the assignment of mortgage?

An assignment transfers all of the original mortgagee's interest under the mortgage or deed of trust to the new bank. Generally, the mortgage or deed of trust is recorded shortly after the mortgagors sign it and, if the mortgage is subsequently transferred, each assignment is to be recorded in the county land records.

Are mortgage assignments recorded?

When a lender assigns your mortgage, your interests as the mortgagor are given to another mortgagee or servicer. Mortgages and deeds of trust are usually recorded in the county recorder's office. This office also keeps a record of any transfers.Nov 26, 2021

Who is the grantor in an assignment of mortgage?

In general, a grantor is someone who transfers a property right to a grantee. In a real estate transaction, the grantor is the current holder of the property right, or in other words, the seller. The deed, which transfers ownership, is the grant.Dec 22, 2020

Who executes a note and mortgage?

A promissory note is a legal document in which one party promises to pay money owed to another. Typically, the party that executes the note is the party that is borrowing the money. He is also referred to as the "maker" of the note. The lending entity is known as the payee.

What makes a promissory note invalid?

Even if you have the original note, it may be void if it was not written correctly. If the person you're trying to collect from didn't sign it – and yes, this happens – the note is void. It may also become void if it failed some other law, for example, if it was charging an illegally high rate of interest.

Who holds the mortgage and the promissory note?

The lender holds the promissory note while the loan is outstanding. When the loan is paid off, the note is marked as "paid in full" and returned to the borrower.

What is forgery in the US?

Creating, forging or altering almost any document, for the intent of fraud or making money, is considered forgery and is subject to state and sometimes federal laws and penalties for individuals caught forging federal documents.

Is forgery a federal offense?

But forgery is also a federal offense, and in some circumstances the federal courts will try forgery cases.