
A Nation investigation can now reveal how JPMorgan met part of its $8.2 billion settlement burden (to provide consumer relief): by using other people’s money. Here’s how the alleged scam worked…

DocX’s was hired to… create and executing mortgage-related documents to be filed with recorders’ offices. According to Brown’s plea documents, she directed employees to forge and falsify Home Owner signatures……

The settlement resolves allegations over the company’s involvement in … a six-year scheme to prepare and file more than 1 million fraudulently signed and notarized mortgage documents in property recorders’ offices….

The mortgage lending operations of Washington Mutual Inc., the biggest U.S. bank ever to fail, were threaded through with fraud, Senate investigators have found. Sen. Carl Levin, D-Mich., said …Washington Mutual “was one of the worst,” … WaMu offices in California fabricated loan documents, cutting and pasting false…

Bank of America’s case was the first to go to trial, a rarity given that banks more typically choose to settle claims instead of face a jury. … In a statement, Bharara said Bank of America “chose to defend Countrywide’s conduct with all its might and money, claiming there was no case here.” Despite which they’re still found liable…

Eileen Foster, a former senior executive at Countrywide, told CBS’s “60 Minutes” … “From what I saw, the types of things I saw, it was — it appeared systemic. It, it wasn’t just one individual or two or three individuals, it was branches of individuals, it was regions of individuals,” “All of the —…
JP MORGAN V. POCOPANNI DUVAL, COUNTY FLORIDA CASE NO.: 16-2008-CA-3989. “…the representations … were false…known to be false… (they) committed fraud on the court…

About 43 percent of the loans … were materially defective, the government said. The lawsuit was the first financial crisis-related case against a bank by the Justice Department…

A ,,, report… by the FDIC and Washington State regulators reviewed 4,000 WaMu loans and found only 950 or 25% were saleable, 800 were unsaleable and the remaining 3,245 contained defiencies…