An unwitting foot soldier in the Wall Street mortgage MEGA-Scam
The biggest financial fraud in history
If you've ever bought a house or arranged for refinancing pre-2003, you know it's a serious process with lots of people in the room including buyers, sellers, lawyers, real estate agents, mortgage brokers, title company agents and whoever else needs to be in the room to sign the paperwork.
It's a process that can take anywhere from 30 minutes to an hour or more.
Once the paperwork is signed, it's sent to the County Courthouse to be legally recorded. This meticulous chain of events is essential for insuring order in the real estate marketplace. Otherwise, crooks could transfer property, attach loans to property, and do just about anything they want at will.