Robo-signing refers to a variety of practices. It can mean a qualified executive in the mortgage industry signs a mortgage affidavit document without verifying the information.
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This article contains specimens of the signatures of persons who may be considered robo-signing suspects. The signatures are affixed in various documents that were presented to the author in connection with the conduct of securization audits, chain of tile examinations and robo-signing verifications of various documents pertaining to US home mortgage loans.
Simply put Robo Signing is when a mortgage lender or loan servicer forges fake signatures on important mortgage loan documents or foreclosure documents so that they can illegally foreclose on innocent homeowners. If you suspect that your mortgage loan documents or foreclosure documents contain fake signatures.
One of the worst loan servicing abuses to come to light during the foreclosure crisis was "robo-signing." The media and courts slammed the mortgage servicing industry for using false affidavits in thousands of foreclosure cases. Following the robo-signing scandal, several large banks temporarily froze all pending foreclosures.
In Guilford County, N.C., the office that records deeds says it received 456 documents with suspect signatures from Oct. 1, 2010, through June 30. In Michigan, a fraud investigator who works on behalf of homeowners says he has uncovered documents filed this year bearing the purported signature of Marshall Isaacs, an attorney with foreclosure.
VA LOAN HOME BAYOU GEORGE FLORIDA Va., who describes herself as a fiscal conservative. A mother of three young children, Stapleton said she spends about $2,000 each month on day care, a cost that nearly matches her mortgage payment..