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Detailed text transcripts for TV channel - MSNBC - 20120212:13:47:00

so in the sort of crudely in the steps of the chain there is initially a mortgage that is set up. and bunch of people with potentially predatorin lending, setting up mortgages that people can t afford or don t understand. that mortgage is packaged, sliced, diced, sold, and then the servicers who back in days of might have been the same person that originated the mortgage have managing the mortgage potentially foreclosuring on the mortgage. we understand that robo sign sing covered by the deal. servicers then servicers, robo signing practices are covered. i was trying to understand if any origin any origination fraud was covered. some is released. california s gone a long way to reserving much of the false claims ability to pursue

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