Excuse the brevity of this post please. Bank of America continues to break federal law by employing robosigners when attesting to mortgage documents.
http://seattletimes.nwsource.com/...
Mortgage industry employees are still signing documents they haven't read and using fake signatures more than eight months after big banks and mortgage companies promised to stop the illegal practices that led to a nationwide halt of home foreclosures.
You must read the entire article. If you can't, suffice to say county officials in Michigan, Massachusetts, and North Carolina have compiled evidence that BofA is engaging widespread fraud in processing mortgage documents.
County officials are upholding their duty to protect the public trust by exposing these fraudulent practices which are violations of federal law. Robosigning was exposed as one of the practices that led to the collapse of the real estate lending house of cards. A complete lack of verification that the information on lending docs I'd accurate poisons every associated document and reliance on this docs is impossible. They are toxic docs for toxic loans. The banksters are continuing to avoid due diligence in the interest of greed.
A choice quote...
In Essex County, Mass., the office that handles property deeds has received almost 1,300 documents since October with the signature of "Linda Green," but in 22 different handwriting styles and with many different titles.
Linda Green worked for a company called DocX that processed mortgage paperwork and was shut down in the spring of 2010. County officials say they believe Green hasn't worked in the industry since. Why her signature remains in use is not clear.
"My office is a crime scene," says John O'Brien, the registrar of deeds in Essex County, which is north of Boston and includes the city of Salem.
Thank you to the public officials doing their best to protect us from this corruption.