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Special report: Banks continue robo-signing

By: Yossel in BRKB | Recommend this post (0)
Tue, 19 Jul 11 3:40 PM | 16 view(s)
Boardmark this board | Berkshire Hathaway

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Special report: Banks continue robo-signing

NEW YORK/IMMOKALEE, Florida (Reuters) - America's leading mortgage lenders vowed in March to end the dubious foreclosure practices that caused a bruising scandal last year.

But a Reuters investigation finds that many are still taking the same shortcuts they promised to shun, from sketchy paperwork to the use of "robo-signers."

Scot J. Paltrow

NEW YORK/IMMOKALEE, Florida
Mon Jul 18, 2011 7:00pm EDT

link-
http://www.reuters.com/article/2011/07/18/us-foreclosure-banks-idUSTRE76H5XX20110718

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