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	<title>Mortgages and What Is A Bad Loan &#187; Mortgage Fraud</title>
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	<link>http://crisis.lenderwatch.org</link>
	<description>Mortgage Crisis Before, During, and After</description>
	<lastBuildDate>Tue, 14 Feb 2012 18:52:11 +0000</lastBuildDate>
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		<title>Massachusetts mortgage broker indicted on 21 counts</title>
		<link>http://crisis.lenderwatch.org/news/425</link>
		<comments>http://crisis.lenderwatch.org/news/425#comments</comments>
		<pubDate>Mon, 07 Apr 2008 14:07:55 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Mortgage Fraud]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[mortgage broker]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/425</guid>
		<description><![CDATA[I think we will see many more articles like this as mortage brokers are arrested and arraigned because of shady deals that took place during the subprime debacle. If the broker and the borrower conspired together to defraud a mortgage company it is highly unlikely that the borrower will say anything for fear of going<a href="http://crisis.lenderwatch.org/news/425" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/425/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Countrywide caught with bankruptcy embarassments and lost checks</title>
		<link>http://crisis.lenderwatch.org/news/326</link>
		<comments>http://crisis.lenderwatch.org/news/326#comments</comments>
		<pubDate>Tue, 08 Jan 2008 16:06:41 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[Mortgage Fraud]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[bankrupt]]></category>
		<category><![CDATA[Countrywide]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[SEC]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/326</guid>
		<description><![CDATA[It pays to have an attentive lawyer when dealing with Countrywide. In breaking news of January 8 Countrywide admitted to fabricating documents related to the bankruptcy case of a Pennsylvania homeowner. Imagine how many similar cases are never identified. In the Countrywide case it is important to note that when the company invented the &#8220;letters&#8221;<a href="http://crisis.lenderwatch.org/news/326" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/326/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Epidemic of loan restructure and fake refinance scams for mortgage holders</title>
		<link>http://crisis.lenderwatch.org/news/316</link>
		<comments>http://crisis.lenderwatch.org/news/316#comments</comments>
		<pubDate>Thu, 20 Dec 2007 16:13:07 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[Economic Impact]]></category>
		<category><![CDATA[Lawsuits]]></category>
		<category><![CDATA[Mortgage Fraud]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[SEC]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/316</guid>
		<description><![CDATA[In the list of top 10 scams for 2007, Foreclosure rescue scams came in at number 7. As if people who fell behind on mortgage payments didn&#8217;t have enough troubles, an increasing number became victims of foreclosure rescue frauds. In the list of top 10 scams for 2007, Foreclosure rescue scams came in at #7.<a href="http://crisis.lenderwatch.org/news/316" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/316/feed</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Did Countrywide foreclosures abuse the bankruptcy system?</title>
		<link>http://crisis.lenderwatch.org/news/295</link>
		<comments>http://crisis.lenderwatch.org/news/295#comments</comments>
		<pubDate>Wed, 28 Nov 2007 17:30:49 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[Lawsuits]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[Mortgage Fraud]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[bankrupt]]></category>
		<category><![CDATA[Countrywide]]></category>
		<category><![CDATA[mortgage]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/295</guid>
		<description><![CDATA[The federal agency monitoring the bankruptcy courts has subpoenaed Countrywide Financial, the nation’s largest mortgage lender and loan servicer, to determine whether the company’s conduct in two foreclosures in southern Florida represented abuses of the bankruptcy system. The subpoenas for Countrywide documents were issued in late October by the United States Trustee after the agency<a href="http://crisis.lenderwatch.org/news/295" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/295/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What did the U.S. Government offer lenders to overlook them?</title>
		<link>http://crisis.lenderwatch.org/news/276</link>
		<comments>http://crisis.lenderwatch.org/news/276#comments</comments>
		<pubDate>Sat, 17 Nov 2007 16:24:34 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Analysis]]></category>
		<category><![CDATA[Archives]]></category>
		<category><![CDATA[Editorial]]></category>
		<category><![CDATA[Government Positions]]></category>
		<category><![CDATA[Mortgage Fraud]]></category>
		<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Tax Debt]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[bankrupt]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[depression]]></category>
		<category><![CDATA[Derivatives]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[industry]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[mortgage broker]]></category>
		<category><![CDATA[OCC]]></category>
		<category><![CDATA[regulators]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[subprime]]></category>
		<category><![CDATA[Wells Fargo]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/276</guid>
		<description><![CDATA[An article by Diane Francis appeared in the Financial Post on Saturday, November 17, 2007. Titled &#8220;Subprime mess is a crime story&#8221; the article outlined key issues. Diane said &#8220;At the top were mortgage lenders, then Wall Street and others who exported junk debts to lenders around the world after prettying them up. At the<a href="http://crisis.lenderwatch.org/news/276" class="read-more">Continue Reading</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A Guide to Subprime or &#8216;How to ruin your country&#8217;s economy too&#8217;</title>
		<link>http://crisis.lenderwatch.org/news/136</link>
		<comments>http://crisis.lenderwatch.org/news/136#comments</comments>
		<pubDate>Tue, 21 Aug 2007 11:05:33 +0000</pubDate>
		<dc:creator>Leatherneck</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[Definitions]]></category>
		<category><![CDATA[Economic Impact]]></category>
		<category><![CDATA[International]]></category>
		<category><![CDATA[Lawsuits]]></category>
		<category><![CDATA[Mortgage Fraud]]></category>
		<category><![CDATA[Root Causes]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[OCC]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/136</guid>
		<description><![CDATA[Economists in any country in the world – except the United States – should study the “interest only” loan. It is imperative so your economy doesn’t get hurt in the future. Just consider the United States as a training ground. We all saw the ripple effect around the world. If your country’s stock market lost<a href="http://crisis.lenderwatch.org/news/136" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/136/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Subprime Insurance Claims Signal the Start of Backstabbing</title>
		<link>http://crisis.lenderwatch.org/news/135</link>
		<comments>http://crisis.lenderwatch.org/news/135#comments</comments>
		<pubDate>Tue, 21 Aug 2007 09:28:16 +0000</pubDate>
		<dc:creator>Leatherneck</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[Mortgage Fraud]]></category>
		<category><![CDATA[Quotable Quotes]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[bankrupt]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/135</guid>
		<description><![CDATA[This is our mid-August focus on mortgage blues. Higher interest rates and falling property prices have contributed to rising delinquencies on subprime mortgages, which are offered to less creditworthy borrowers. This, coupled with increased relaxation of underwriting standards, has led to the bankruptcy of more than 50 mortgage lenders, the collapse of hedge funds, increased<a href="http://crisis.lenderwatch.org/news/135" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/135/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Subprime once hurt the elderly, now hurts the world</title>
		<link>http://crisis.lenderwatch.org/news/105</link>
		<comments>http://crisis.lenderwatch.org/news/105#comments</comments>
		<pubDate>Fri, 10 Aug 2007 15:08:07 +0000</pubDate>
		<dc:creator>Leatherneck</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[Mortgage Fraud]]></category>
		<category><![CDATA[Root Causes]]></category>
		<category><![CDATA[Statistics]]></category>
		<category><![CDATA[FTC]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/105</guid>
		<description><![CDATA[Subprime lending once hurt the elderly in the United States. It only took three more years for subprime to hurt all borrowers and the entire world economy. Back in 2004 subprime was not necessarily predatory lending. Others argued that mortgage fraud became predatory lending, which then evolved into subprime. Regardless of the position you take<a href="http://crisis.lenderwatch.org/news/105" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/105/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A perfect example of debt distortion</title>
		<link>http://crisis.lenderwatch.org/news/100</link>
		<comments>http://crisis.lenderwatch.org/news/100#comments</comments>
		<pubDate>Thu, 09 Aug 2007 15:36:42 +0000</pubDate>
		<dc:creator>Leatherneck</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[Mortgage Fraud]]></category>
		<category><![CDATA[Root Causes]]></category>
		<category><![CDATA[credit card]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/100</guid>
		<description><![CDATA[Here is history&#8217;s warning: &#8220;Every new loan that is larger than the last contributes to increasing over-all economic instability. The outcome of such has historically been a crash corresponding to the magnitude of this debt distortion.&#8221; The quote comes from our booklet &#8220;The History of Predatory Lending&#8220;. Here is a pefect example of debt distortion:<a href="http://crisis.lenderwatch.org/news/100" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/100/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Settlement Scams, FBI Both Explain Foreclosure Rescue Scams</title>
		<link>http://crisis.lenderwatch.org/news/91</link>
		<comments>http://crisis.lenderwatch.org/news/91#comments</comments>
		<pubDate>Wed, 08 Aug 2007 12:41:27 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[Foreclosure]]></category>
		<category><![CDATA[Mortgage Fraud]]></category>
		<category><![CDATA[SEC]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/91</guid>
		<description><![CDATA[The FBI sees “foreclosure-rescue” scams as an emerging form of fraud that takes advantage of the growing number of homeowners in default. More states are enacting legislation to protect homeowners against such fraud. Another version of the &#8216;foreclosure avoidance&#8217; scam can be see at the Settlement Scams website. “The perpetrators convince homeowners that they can<a href="http://crisis.lenderwatch.org/news/91" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/91/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
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