The Great American Mortgage Fraud
How banks engaged in systematic forgery to prove ownership of foreclosed homes.
![](https://images.jacobinmag.com/wp-content/uploads/2019/05/29161804/field-notes1-1.jpg)
DOCX With mortgages being flipped multiple times to multiple buyers, the rigorous paperwork and notarized signatures required in many states to prove ownership of a mortgage were simply ignored. Many investment trusts that supposedly “owned” the mortgages had never actually received the mortgages, notes, or any paper mortgage assignments. So when banks and servicers decided […]