Oct 14, 2010

Robo-signers: Mortgage experience not necessary

NEW YORK (AP) -- In an effort to rush through thousands of home foreclosures since 2007, financial institutions and their mortgage servicing departments hired hair stylists, Walmart floor workers and people who had worked on assembly lines and installed them in "foreclosure expert" jobs with no formal training, a Florida lawyer says.

Read more... (Yahoo News - AP)

No comments:

LinkWithin

LinkWithin Related Stories Widget for Blogs