Robo-signing isn’t limited to low-level employees at loan servicers. Lawrence Buckley is a lawyer who manages the Dallas, Texas law firm Brice, Vander Linden and Wernick. In March, he testified that he had allowed his electronic signature to be affixed to sworn court documents that he had never seen.
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Even when the banks’ claims to ownership were clear, robo-signing violated numerous state laws requiring due diligence before a bank can foreclose on a home. The scandal had prompted a number of banks-Bank of America most prominently-to suspend their foreclosures for a while.
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She also claimed that the sanctioning and monitoring of loans have been separated, and special. Bank of India and Bank of.
FDIC Releases Report Detailing Findings of Foreclosure Investigation. but the delinquency rates on loans originated by community banks have been far lower and as a result, ""robo-signing.
‘Robo-signing’ of mortgage documents continues despite court cases.. making it easy for lenders and mortgage processors to continue robo-signing.. Special report.
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The Chairman’s Report and investment. ongoing trade tensions will continue to weigh on investor enthusiasm for companies with global supply chains and global economic data is showing signs of a.