Mediation suggested by the courts – like modification, is a trap. It buys time for the banks to dummy up more records and documents, while lulling the homeowner into a false sense of security and reliance that the servicer can actually perform a modification. In most cases they can’t.
The number of fraudulent assignment of mortgage documents filed in the Hawaii Bureau of Conveyances, like many other states is appalling. Compounding the assignment fraud is the gigantic number of unrepresented homeowners in these foreclosure and eviction actions. These homeowners have absolutely no understanding that an assignment of mortgage even exists or that it is fraudulent, assigned too late to a New York or Delaware trust, was filed with intent to Continue reading

