2010-10-14 · More US housing and sub. Q&A: What are mortgage foreclosure ‘robo signers’?. ‘Robo signers’ have been accused of rubberstamping foreclosure documents.
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NEW YORK (CNNMoney) – A Nevada grand jury has indicted two people allegedly involved in a "massive" robo-signing scheme. which said it has more than 8,000 employees, acknowledged that the signing. A mortgage servicing company accused of robo-signing foreclosure documents during the housing crisis has agreed to a million dollar settlement.
We may be years removed from the robo-signing, foreclosure. but they often failed to correct inaccuracies and produced still more errors. Doan approached CNNMoney after the so-called robo-signing scandal came to light last month.. the foreclosure would result in a loss of more than $200,000.. has accused him of trying to take.
Robo-Signers Spell More Trouble for Banks – The Motley Fool – Robo-Signers Spell More Trouble for Banks. Title insurers suffer The accused banks could face court investigations for fraud, if evidence supports the allegations that these robo-signers. Robo-Signing, Chain of Title, Loss Mitigation, and Other Issues in. – Robo-Signing, Chain.
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The term "robo-signing" has been coined to describe rapid fire signing of foreclosure. have been accused of robo-signing to speed up the foreclosure process.. Citing robo-signing to challenge mortgage affidavits is one way to possible stave off. Learn More About: legal topics · State Laws · Blogs · FindLaw RSS Feeds.
If the bank uses robo-signed documents in your foreclosure, this might create an opportunity for your to challenge the foreclosure in court or negotiate a foreclosure.
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Because the robo-signing mess called into question the integrity of foreclosure paperwork, courts are more likely to scrutinize bank foreclosure affidavits and documentation, and are more willing to entertain homeowner claims that documentation is faulty or false.
chase bank accused of Robo As Wells Fargo is Accused of Fabricating Foreclosure Papers, Will Banks. on behalf of homeowner victims for losses totaling more than $1 billion, not just for the $12-an-hour robo-signers that we’ve heard about all these. Rather than actually reviewing the individual details of each case, robo-signers.