Charles Crumm, Oakland Press
Oakland County Clerk Bill Bullard said Monday there’s evidence to warrant an investigation into document fraud surrounding county properties that have been or are about to be foreclosed.
The alleged fraud may be the basis to set aside foreclosures for civil or criminal proceedings, Bullard said.
In a letter to Michigan Attorney General Bill Schuette dated April 25, Bullard alleges that assignments of mortgages filed in the county bear the signature of a “Linda Green” — the same name that was part of the subject of a recent 60 Minutes investigation into mortgage document fraud.
“Our role is limited, we don’t prosecute,” Bullard said Monday. “We’re just turning over documents to the proper authorities and asking them to take action.”
There was no immediate response Monday morning from Schuette’s office to Bullard’s letter.
In his letter to Schuette, Bullard said his investigation was prompted by a recent 60 Minutes program “which reported widespread forgery of mortgage documents prepared at the direction of some of the largest financial institutions in the country.”
In that program, 60 Minutes interviewed people who had been hired by a company to sign assignments of mortgages as bank officials and, in some cases, notarize the documents.
An assignment of mortgage indicates the original mortgage has been transferred to a third party.
The 60 Minutes investigation focused on mortgages repackaged and sold as mortgage-backed securities, but assignment of mortgage documents weren’t physically provided.