Chase Accused of Brazen Bankruptcy Fraud
This places JP Morgan's fraud beyond the realm of a civil suit and jumps it right into the criminal action category. Photo shopping these trusts is by definition, counterfeiting as the trust lead to the MBS.
Prison Jamie Dimon, now!
Bakenie adds: "That said practice allows Chase to dump defaulted loans that were never properly securitized by WAMU and other originators acquired by Chase into private mortgage backed security trusts by creating the illusion of a valid transfer.