I was looking for some old case law and came across this old post....it is one of the earliest uses of the term, "Robo Signer"...a term that is now part of our national lexicon. Full credit is given in ... Read More
The Massachusetts Ibanez decision highlighted for all of us the fact that judges are increasingly aware...and incredulous...that these big shot lenders with their $1,000 an hour lawyers would be so careless and sloppy with the documentation relating multi million dollar's worth of assets....
US BANK v. IBANEZ, SJC 10694, ... Read More
Rumors are that regulators are floating a $20 million settlement with all the servicers. That's an obscenely low number and there's still much to fight about, but some version of this insanity will pass. It's inevitable. The banks ... Read More
Those aren't my words, that is a direct quote from Florida's 4th District Court of Appeals. Read the entire decision....it's an indication of just how bad things really are. Pay attention to the quote at the bottom of ... Read More
Daily Finance Article Here
Millions of documents, including millions of foreclosure documents, may have been signed in MERS's name by people without the power to do so. A lack of authority would ... Read More