VIDEO: What does LENDER PROCESSING SERVICES (LPS) exactly do: LPS CEO JEFF CARBIENER

Date of Video: 7/2/2008

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Freddie and Fannie ran up the “Hill” each with a book and a story…

They helped give away TRILLIONS!

 

Something old … something new … a bit of a rehash here but also some good review. Note page 24. PROCESS THE FORECLOSURE IN YOUR INSTITUTIONS NAME!

They are instructing these servicers to commit fraud!

 And Fannie Mae is doing it too. According to this, they instruct the servicers to just do bogus assignments depending on what they can get away with. None of the parties own the loans, not even Freddie Mac or Fannie Mae!

WAIT FOR THE NEXT WAVE…FHA SUBPRIME DEFAULTS!

MERS Good Information Foreclosure Subprime Mortgage Lending and MERS, VP MERS, AUTHORIZED SIGNATORY

Via: b.daviesmd6605

Included here is a short excerpt that discusses the way MERS allows nearly any member have MERS authority to sign documents. The article says that some states require the signor to be a VP of the actual member. Evidentially some states allow them to be an authorized signatory despite not being an employee. If any late assignments apply to you this is then a must read.