Lenders Processing Services NYSE LPS processes approximately 50% of U.S. mortgage market. That equals 30 million mortgages valued at over US$4.5 Trillion. They are under investigation in a number of States. Look up WSJ article where they "recreated" one million mortgage and title chains in their Alpharetta GA office. Look up Linda Green and other robo signatures. They acted for ALL of the major banks.
Look up Linda Blair who runs the FDIC and she said that the number of foreclosures that may have become infected is in the millions. There have been approximately 5 million foreclosures since the US real estate melt down started.
Total number of properties affected is unknown,but could potentially run into the multi trillions.
- Forums
- ASX - General
- collapse of major us banks coming
collapse of major us banks coming, page-17
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)