More Accused Robo Signers

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The CFPB accused PRA of robo-signing court records so as to file lawsuits against customers, of threatening to sue customers over time-barred debt, along with other offenses. Portfolio Recovery Associates agreed to pay $8 million in penalties, to refund $19 million dollars to customers, and to stop selling debt portfolios to other businesses.

Foreclosure Crisis: Robo-Signers Blamed for Mortgage Mistake One man caught in the middle of the foreclosure nightmare was former school teacher Tom Wood from Tampa, Fl.

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Thom Hartmann Demonstrates & Exposes a Robo-Signer Practice of falsifying mortgage documents could be far more prevalent. widespread robo-signing that stretches back a decade or more could.

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Much more than a slap on the wrist, the Fed announced that it would replace. which it accused of failing to oversee the bank and fix problems that have.. engaging in mortgage appraisal and origination fraud, robo-signing.

Democrats in Iowa and Nevada were steaming Friday after the Democratic National committee recommended scuttling proposals.

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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.

Robo-Signer: An employee of a mortgage servicing company that signs foreclosure documents without reviewing them. Rather than actually reviewing the individual details of each case, robo-signers.

Robo-Signers Spell More Trouble for banks. title insurers suffer The accused banks could face court investigations for fraud, if evidence supports the allegations that these robo-signers.

Mortgage industry employees are still signing documents. ownership for more than 300 years. The county officials say the problem could be even worse than what they’re reporting. That’s because they.

Who’s Who in the Foreclosure Scandal: A Primer on the Players. And those companies have also been accused of using robo-signers.. registry that banks created in 1997 to more efficiently.

Doan approached CNNMoney after the so-called robo-signing scandal came to light last month.. the foreclosure would result in a loss of more than $200,000.. has accused him of trying to take.

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