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Robosigned mortgages go back to the late 1990's!


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2011 Sep 1, 12:18pm   1,199 views  0 comments

by mdovell   ➕follow (0)   💰tip   ignore  

This is getting interesting folks. Going back pre Bush era now
http://finance.yahoo.com/news/Robosigned-mortgage-docs-date-apf-3074246978.html

Here's a tidbid

"In Guilford County, where Greensboro is located, a sample of 6,100 mortgage documents filed since 2006 turned up 74 percent with questionable signatures."

That's not 74...that's 74 percent

So people that think they own their house cannot sell it because they do not own it.
Banks cannot foreclose because they do not own it..
Meanwhile localities have no clue who is paying property taxes..
1998 was almost 14 years ago..this is going to take quite a bit longer to address..

#housing

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