Articles tagged with: robo-signers
South Florida Short Sales »
According to Reuters, many major mortgage lenders are are still taking short cuts in the paperwork they prepare and file in foreclosure cases!
When this problem surfaced last year, it led to a moratorium on foreclosures and the major foreclosure mill in south Florida dissolved as the banks were forced to stop using it. It is hard to believe that banks are resorting to the same tactics again.
According to Reuters, there are at least six people who have each signed thousands of mortgage assignments in recent months. Their job is to …
South Florida Short Sales »
Is sloppy paperwork a valid foreclosure defense? ? Due process is important. Bank of America, GMAC are moving to restart their foreclosure sales against homeowners in Hollywood that were suspended temporarily. They are reviewing their documents and claim that they are finding very few flaws in their documentation.
An increasing number of lawyers in Hollywood are arguing technical issues as a foreclosure defense, saying that the papers were not verified properly by these clerks who signed thousands of foreclosure cases. This is a valid argument and banks should be verifying the …
