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Real Estate & Property Law

: The Home Equity Theft Reporter

BofA Joins Parade Of Lenders Hitting Brakes On F'closures In 23 States; Company 'Robo-Signer' Signed Up To 8,000 Docs/Month Without Reviewing Them

By r morris

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The Washington Post reports:Bank of America, the nation's largest bank, on Friday became the latest lender to put foreclosures on hold in 23 states because of concerns that court documents it submitted were improperly prepared.Bank of America and other mortgage companies have been under pressure to review their paperwork after employees and contractors said in sworn depositions that, because of

Full post as published by The Home Equity Theft Reporter on October 02, 2010 (boomark / email).

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