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Consumer Law

: CL&P Blog

Chase joins GMAC/Ally in Robo-signer Scandal

By Alan White

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The Wall Street Journal reports today that JP Morgan Chase is suspending 56,000 pending foreclosures in order to review court documents signed improperly, in other words by robo-signers.  See also the Huffpo story here.  The growing scandal is getting wide play in the media, the blogosphere, and even in Congress.  Also today, Fitch Ratings issued a release saying they are asking all mortgage servicers whether they have a robo-signer problem. 

Full post as published by CL&P Blog on September 29, 2010 (boomark / email).

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