Countrywide Did Not Provide the Original Notes When It Securitized Mortgage Loans- Fraud on Investors, & Illegal Foreclosures?

Depositions in Bankruptcy cases are providing bits and pieces of how the mortgage industry worked the last few years. In addition to learning about the robosigners who were “vice presidents” of MERS, this recent revelation, noted by Mike Konczal, reveals a fundamental flaw that may exist in many Countrywide sourced- loan foreclosures.