"A random sample of nearly 400 National Collegiate loans found not a single one had assignment paperwork documenting the chain of ownership, according to a repo

"A random sample of nearly 400 National Collegiate loans found not a single one had assignment paperwork documenting the chain of ownership, according to a report they had prepared." https://mobile.nytimes.com/2017/07/17/business/dealbook/student-loan-debt-collection.html https://mobile.nytimes.com/2017/07/17/business/dealbook/stud... Why aren't judges fining them /their lawyers? Can I sue John Doe and demand that he pay me the money he took for his mortgage? Before filing a lawsuit, the "I bought your loan so pay me" chain should be settled in an acceptable way. Otherwise it's fraud.