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Loan Modification

: Mortgage Lender Implode-o-Meter

Concerns on Notaries Overblown in Foreclosure-gate?

By Implode-Explode Heavy Industries

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"Congress quietly passed a bill in late September designed to facilitate the use of electronic mortgage documents, but news reports are raising concerns that it could be used to shield lenders and mortgage processors from liability in "robo-signing" foreclosure cases. These concerns seem to be overblown, according to industry officials."

Full post as published by Mortgage Lender Implode-o-Meter on October 07, 2010 (boomark / email).

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