National Association of Mortgage Fiduciaries » Vintage 2008 http://mortgagefiduciaries.com Education and Professional Ethics for the Mortgage Lending Industry Mon, 14 May 2012 20:12:27 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 From CR: Fraud in the 2008 Vintage http://mortgagefiduciaries.com/2008/09/from-cr-fraud-in-the-2008-vintage/ http://mortgagefiduciaries.com/2008/09/from-cr-fraud-in-the-2008-vintage/#comments Tue, 16 Sep 2008 23:50:48 +0000 mf http://mortgagefiduciaries.com/?p=71 From Calculated Risk:

If you haven’t yet had a chance to read this article by John Gittelsohn in the Orange County Register about a real estate sale that was financed by Wells Fargo in January of this year, please do so now. And if you were, like most people, working on the assumption that lenders and other industry participants had at least cleaned up their acts in time for the 2008 mortgage vintage to be worth something, think again. Continue reading here.

Tanta makes some excellent points that mortgage fraud within the 2008 Vintage of Residential Mortgage Backed Securities will continue to be way too high.

Your thoughts?
 

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