Bank of America Corp. and its countrywide home loans unit were accused of racketeering in a lawsuit filed. The Davises accuse the lenders of using “robo-signers,” people who sign affidavits.
The term "robo-signing" has been coined to describe rapid fire signing of foreclosure affidavits without adequately verifying the truth of what the affidavits state. mortgage servicers who process very high volumes of mortgages in quick succession have been accused of robo-signing to speed up the foreclosure process.
TAKEYOURHOMEBACK.COM LIST OF ROBO-SIGNERS What is a robo-signer?. property and has been the backbone of U.S. property ownership for more than 300 years. The "robo-signing of affidavits and Assignments of Mortgage and all other mortgage foreclosure
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About 60 first responders were present for the signing. President Trump said. Cummings, Baltimorein more than a dozen.
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In one of only two known robo-signing prosecutions nationwide, a judge last week threw out an entire case, including more than 100 felony counts each. Catherine Cortez Masto had accused Trafford.
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California has accused Chase Bank of running a "massive. a period from January 2008 and April 2011, the bank filed more than 100 lawsuits a day. To maintain that volume, employees robo-signed court.
The 2010 united states foreclosure crisis, sometimes referred to as Foreclosure-gate or Foreclosuregate, refers to a widespread epidemic of improper foreclosures initiated by large banks and other lenders. The foreclosure crisis was extensively covered by news outlets beginning in October 2010, and several large banks, including Bank of America, JP Morgan, Wells Fargo, and Citigroup.
The following are by no means a complete list, but are the most clear. In short, Robo Signers are illegal in California because good title cannot be. Consequently, the fact that defendant Archer acted in good faith in dealing.
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New York state’s top financial regulator says one of the biggest mortgage servicing companies in America has continued to backdate paperwork in order to justify illegitimate foreclosures, more than.