This is a smoking gun. There better be criminal prosecutions on this.
A bombshell has dropped in mortgage land.
We finally have some concrete proof of how widespread document fabrication was.
Not only are there prices up for creating, which means fabricating, documents out of whole cloth, note the extent. The collateral file is ALL the documents the trustee (or the custodian as an agent of the trustee) needs to have pursuant to its obligations under the pooling and servicing agreement on behalf of the mortgage backed security holder. This means most importantly the note (the borrower IOU) and title insurance.