"Robo-signing" of mortgages still a problem. Wells Fargo, Bank of America and an arm of Goldman Sachs, suspended foreclosures while they investigated how corners were cut to keep pace with the.
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Beyond Robo-Signing: mortgage foreclosure defense basics wendy alison Nora, U.W. 1975, owns Access Legal Services in Madison and Minneapolis. She has practiced foreclosure defense and financial reorganization since 1985.
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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.
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