Forged Documents, Fake Titles: Is The Florida Mortgage Mess Only The Tip Of The Iceberg?

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mortgage industry signs a mortgage affidavit document without verifying the information. It. own name with a fake title. It can mean failing to comply with notary procedures. In all of. simply be the tip of the iceberg. If so, more revelations could only increase the pressure on

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Stumpf was gone as CEO within weeks, and his replacement, Tim Sloan, pledged to clean up the mess. But as Sloan knew well, the fake consumer accounts scandal was just the tip of the iceberg in terms of Wells Fargo’s long history of misconduct.

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Forged Documents, Fake Titles: Is The Florida Mortgage Mess Only The Tip of The Iceberg?. of house time if they don’t ask too many questions.And the biggest fear is that the fraud uncovered at GMAC is the tip of the iceberg for what is going on nationwide. Keep your eye on this situation.

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"Our office uncovered an abundance of falsified, forged, and fraudulently executed mortgage documents," said Thigpen. "But our investigation only found the tip of the iceberg. We need the banks to clean up their mess."