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Were Obama's own mortgage documents signed by a 'robo-signer'?

A consumer advocacy Web site has obtained some mortgage paperwork for President Obama and first lady Michelle Obama's home in Chicago.

The documents, which show that the couple's mortgage of $210,000 was fully paid on May 10, 2005, are signed by a Chase Home Finance vice president Marshe Craine.

The interesting thing about the documents is that Craine's signature on court documents related to other people's homes looks radically different from the version on the Obamas' paperwork. In other, unrelated cases, attorneys for homeowners have accused loan processing companies of allowing employees to forge other people's signatures.

Craine has also signed documents on behalf of Mortgage Electronic Registration Systems Inc. -- the Reston, Va.,-based company that was set up by the financial industry to help track securitized mortgages and that is being targeted in foreclosure lawsuits around the country.

A Chase spokesman declined to comment.

Screen shots of the documents and more at 4closurefraud.org.

By Ariana Eunjung Cha  | October 11, 2010; 4:09 PM ET
Categories:  Housing  
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Next: Wall Street: Foreclosure moratorium would be 'catastrophic'

Comments

Nobody cares. What we wanna know is what was the name of the Kenyan Witch Doctor, that delivered this spawn of SATAN?
"And I saw the Beast rise from the SEA. And he was given a MOUTH, to speak Haughty and Blasphemous words. And he was allowed to exercise authority for forty two months." Revelations 13-5.
That's JUNE 2012.
You've beem warned.

Posted by: GoomyGommy | October 11, 2010 6:13 PM | Report abuse

Indeed. 4closurefraud.org is doing a marvelous job of fact finding and insightful analysis. Now, it appears that the fraud has come home to roost at the President's very own doorstep. What better reason to act decisively? Obama was bright enough to veto the notary affidavit issue---let's hope he can pop this balloon once and for all.

Posted by: onyx123 | October 11, 2010 7:07 PM | Report abuse

It is both amazing and disheartening to see the EXACT SAME type of signature fraud on the President's mortgage that I see on my own mortgage. This needs to be front-page news! If the President's own former homes have potentially clouded titles, what about yours? Have you checked your own title lately?

Posted by: GoingGrey | October 11, 2010 7:20 PM | Report abuse

It is time to act Obama! Stop the fraud and corruption perpetuated by the banksters! Excellent work 4closurefraud.org!!

Posted by: Anonymous | October 11, 2010 11:11 PM | Report abuse

Bad credit mortgage refinancing is an outstanding plan particularly as the home mortgage rates are imminent downward. Under such state of affairs it will be beneficial for you to refinance your home as you’ll be able to obtain a lower interest rate thereby reducing the amount of your monthly payment. Search online for "123 Mortgage Refinance" to find 3% refinance rates.

Posted by: Anonymous | October 12, 2010 6:06 AM | Report abuse

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