Via Fox2Now:
“We’ve found a good deal of fraud in the process, in the foreclosure process itself, most notably with robo-signing,” said head of the Missouri Attorney General’s Consumer Protection Division Doug Ommen, referring to the process where foreclosure documents are signed blindly by people paid to forge the signatures of bank or lending company officials. “We have found fraud and we have found forgery in robo-signing and other areas.”
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Thank you for telling the truth and now get the executives that are responsible for everything . they are the where the buck stops and re responsible to hire and fire honest people and those not so honest . If you lead lead or get out of the way of Justice and join Bernie Maddoff cause it is your job description and responsibility . You took the job and taxpayers bail out bonuses and now you must do the time for your crimes of not knowing what was going on in side your own companies. Sorry Jack, Sam, Ed it is your time to pay the price for your inability to control your companies irresponsibility . BYE BYE
ttcb77@yahoo.com thanks Elizabeth Warren keep speaking up cause you are right on this one.
What this report and the Missouri AG have cleverly omitted is this one fact–without proof of ownership–ie. “produce the papers,” there is no debt. In other states, when distressed homeowners demanded in court to see the proof of bank ownership–nothing materialized and the debt was cancelled. I’m sure the Missouri AG knows this. Furthermore, even if they can’t determine the owner–the AG can criminally prosecute the corporations fraudulently processing the papers–ie the middleman. So—what is the problem with the Missouri AG?