Robo-Signing Scandal Exposes Systematic Foreclosure Fraud by Major Banks
Bank of America announces a nationwide halt to foreclosures after revelations that employees signed thousands of foreclosure affidavits without reviewing the underlying documents, a practice dubbed “robo-signing.” The scandal exposes systematic fraud in the foreclosure process, with …
Bank of America
JPMorgan Chase
Wells Fargo
GMAC Mortgage
Office of the Comptroller of the Currency
+1 more
foreclosure-fraud
robo-signing
housing-crisis
regulatory-failure
housing
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