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False Statements 

Lender Processing Services
Maiden Lane ABS 2008-1

Action Date: June 16, 2011 
Location: New York, NY 

Who Else Relied on Mortgage Assignments From Lender Processing Services to Foreclose? 

In the past few weeks, Fraud Digest has reported on NovaStar, Bear Stearns and WaMu Trusts. These trusts almost always do not have the critical loan documents needed to foreclose so they turned to Lender Processing Services to manufacture mortgage assignments for them. 

Like these trusts, Maiden Lane Asset-Backed Securities Trust 2008-1 ("Maiden Lane") most often uses Mortgage Assignments from LPS to foreclose. 

Maiden Lane is "a special purpose vehicle consolidated by the Federal Reserve Bank of New York." Maiden Lane was put together by some of the best and the brightest in banking - but when it came to seeing that the mortgage files contained the critical documents, Maiden Lane was no better than Countrywide or WaMu or Long Beach. 

And to facilitate foreclosures, Maiden Lane uses Mortgage Assignments - that also purport to assign the NOTE - from Lender Processing Services. These Assignments were most often made in 2009 - and filed in 2009 and 2010. 

Here is a partial list of Mortgage Assignments to Maiden Lane ABS Trust 2008-1. Note in particular the number of MERS titles claimed by LPS employees Greg Allen and Liquenda Allotey. 

From Hillsborough County, Florida Official Records: 

Instrument#: 2010265459 
Assignor: MERS as nominee for Bear Stearns Residential Mortgage Corp., by Greg Allen, VP 
Date of Assignment: 7-20-2009 

Instrument #: 2010072578 
Assignor: MERS as nominee for Solstice Capital Group, Inc., by Liquenda Allotey, VP 
Date of Assignment: 7-20-2009 

Instrument #: 2009383278 
Assignor: MERS as nominee for Bravo Credit, by Greg Allen, VP 
Date of Assignment: 11-2-2009 

Instrument #: 2009316873 
Assignor: MERS as nominee for GreenPoint Mortgage Funding, Inc., by Christine Allen, VP 
Date of Assignment: 9-14-2009 

Instrument #: 2009314046 
Assignor: MERS as nominee for Bayrock Mortgage Corp. by Liquenda Allotey, VP and Greg Allen, VP 
Date of Assignment: 9-16-2009 

Instrument #: 2009043801 
Assignor: MERS as nominee for GreenPoint Mortgage Funding by Greg Allen, VP and John Cody, VP
Date of Assignment: 1-13-2009 

Instrument #: 2009017120 
Assignor: MERS as nominee for Bravo Credit by Christine Anderson, VP and Greg Allen, VP 
Date of Assignment: 12-9-2008 

From Lee County, Florida Official Records: 

Instrument #: 2009000111365 
Assignor: MERS, by Liquenda Allotey, VP 
Date of Assignment: 4-20-2009 

Instrument #: 2009000033548 
Assignor: MERS as nominee for Amerimortgage Bankers, LLC by Greg Allen, VP 
Date of Assignment: 1-12-2009 

From Palm Beach County, Florida Official Records: 

Instrument #: 20080419438 
Assignor: MERS as nominee for First Guaranty Financial Corp., d/b/a Phoenix Funding by Liquenda Allotey, VP and Mathew Casey, VP 
Date of Assignment: 10-15-2008 

Instrument #: 20080435965 
Assignor: MERS as nominee for Geneva Mortgage Corp. by Liquenda Allotey, Assistant Secretary and Christine Anderson, VP 
Date of Assignment: 11-11-2008 

Instrument #: 20090055586 
Assignor: MERS as nominee for American Home Mortgage Acceptance, Inc. by Liquenda Allotey, VP and Greg Allen, VP 
Date of Assignment: 1-20-2009 

Instrument #: 20090076228 
Assignor: MERS as nominee for AMPRO Mortgage by Liquenda Allotey, VP and Greg Allen, VP 
Date of Assignment: 2-3-2009 

Instrument #: 20090096176 
Assignor: MERS as nominee for Equifirst Corp. by Liquenda Allotey, VP and Greg Allen, VP 
Date of Assignment: 2-24-2009 

From Martin County, Florida Official Records: 

Instrument #2132924 
Assignor: MERS as nominee for GE MoneyBank by Greg Allen, VP 
Date of Assignment: 2-4-2009 

From Broward County, Florida Official Records: 

Instrument #108479192 
Assignor: MERS as nominee for Bravo Credit by Greg Allen, VP 
Date of Assignment: 2-6-2009 

Instrument #108878042 
Assignor: MERS as nominee for Hometown Mortgage Services, Inc. by Greg Allen, VP 
and Liquenda Allotey, VP 
Date of Assignment: 9-9-2009 

Instrument # 108819366 
Assignor: MERS as nominee for Home Loan Center, Inc. d/b/a Lendingtree Loans by Greg Allen, VP and Liquenda Allotey, VP 
Date of Assignment: 8-24-2009 






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