You see, that sort of negative selection could never explain to me, how it is that they ALL have behind the scenes negligent /sloppy paperwork, hell they couldn’t know that!
My question is this: Can They All Be That Sloppy?
Thoughts about the residential real estate mortgage industry from a 40+ year insider eyewitness
Saturday, May 19, 2012
Forensic Mortgage Securitization Audits - Sloppy! ??
SERIOUSLY, can they All be this Sloppy? I’m now at 100% of every single Residential Mortgage Loan Securitization Forensic Audit I have done has missed the securitizations cut-off and closing date to lawfully PLOP the Note & Trust Seed/Mortgage in to it. Not by a day oer so, but many months! And in most cases YEARS Late!
Here’s why this confuses me: even though 100% of the borrower files we Audit are consumers who are upset with their Lender and/or Servicer and have told their Lawyer “… they’ve done me wrong … I need one of those Audits ….”
You see, that sort of negative selection could never explain to me, how it is that they ALL have behind the scenes negligent /sloppy paperwork, hell they couldn’t know that!
My question is this: Can They All Be That Sloppy?
You see, that sort of negative selection could never explain to me, how it is that they ALL have behind the scenes negligent /sloppy paperwork, hell they couldn’t know that!
My question is this: Can They All Be That Sloppy?
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