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News Link • Economic Stimulus

Cleansing Land Titles With Ellen Brown

• arclein
Only 16 percent of the mortgage assignments were valid. Twenty-seven percent of the invalid assignments were fraudulent, 35 percent were "robo-signed" and 10 percent violated the Massachusetts Mortgage Fraud Statute. The identity of financial institutions that are current owners of the mortgages could be determined for only 287 out of 473 (60 percent).

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