Firm claims 75% of mortgage assignments invalid in Mass. county

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A person purporting to claim an interest in, or a lien or encumbrance against, real property, who causes a document asserting such claim to be recorded in the office of the county recorder, knowing or having reason to know that the document is forged, groundless, contains a material misstatement or false claim or is otherwise invalid is liable.

You own the firm and you give the assignments your company receives to other appraisers in your company you have an agreement with. You get the business and take care of the expenses as an incentive and you offer perhaps a 75%/25% or 50%/50% split.

 · Your mortgage documents are fake!. with a “mortgage assignment” confirming the transfer of ownership.. which has recovered more money under the False Claims Act than any firm.

If so, I appreciate the effort, but is it worth the cost of broadcasting your propensity to file frivolous claims? Whatever. Certainly the judge hearing this matter will make quick work of this. Let’s.

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A release or satisfaction of the lien of any mortgage or other written instrument affecting title to real property as security for the payment of money, made or entered into by the original mortgagee, trustee or his legal representative, or any assignee under an assignment recorded as provided in Section 30-7-40 shall be good and effectual.

 · "Robo-signing" of mortgages still a problem.. In Essex County, Mass., the office that handles property deeds has received almost 1,300 documents.

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The Massachusetts court system resembles a pyramid. Cases commence in one of the 7 trial court departments, and are first decided there. Cases are initiated in the particular court which has subject matter and geographic jurisdiction over the issues and parties involved.