Desert Underwater: Robo-Signing Problems on Foreclosure Documents

Categorized | STOP FORECLOSURE FRAUD

Desert Underwater: Robo-Signing Problems on Foreclosure Documents

Desert Underwater: Robo-Signing Problems on Foreclosure Documents

As Always, thank you to MERS for giving this power to sign away any document for any lender at any notice to get the JOB DONE no matter how much fraud is involved!

 

LAS VEGAS — The nation’s largest banks stopped foreclosures last fall following allegations their employees cut corners while processing paperwork. A short time later — with promises to halt the illegal practices — foreclosures resumed.

The I-Team has learned “robo-signing” remains what some officials call an epidemic in Nevada. Robo-signing refers to a variety of practices. Among them: employees who sign foreclosure documents they haven’t read, employees who use fake signatures to process documents, or employees who fail to follow notary rules.

[8NEWS NOW]

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