Yesterday, we began to get some accountability for foreclosure fraud in the unlikeliest of places: Missouri. This one blindsided us. Koster, a former Republican who switched parties to the Democrats in 2007, has simply not been front and center, and yet here he comes with a criminal indictment of one of the worst document processors in the country. And the indictment goes all the way to the top of the company, to its founder, who faces seven years in prison.
|By: David Dayen Tuesday February 7, 2012 10:45 am|
|By: Cynthia Kouril Tuesday January 31, 2012 3:20 pm|
Any deal that immunizes robosigning sabotages everything because the robosigning is the smoking gun. No one resorts to creating fabricated documents unless they are desperate and know they have no other hope of winning. It’s the illegal strategy equivalent of a Hail Mary Pass after time has run out. Had the robosigning never been exposed, they might have gotten away with winning through perjury, so the idea of immunizing it is preposterous.
|By: David Dayen Friday February 11, 2011 3:30 pm|
Way back in the day when I was just a mere independent blogger and not THE MEDIA ENTIRE I wrote about the practice lobbyists engaged in on the climate change bill, forging letters to members of Congress and claiming they came from grassroots organizations. I labeled the practice “astroforging.”
This was a fairly noteworthy scandal, and it appeared that no lobbyist would try such a tactic ever again.
That took about a year.
|By: David Dayen Wednesday November 24, 2010 6:00 pm|
One reason why lawyers were so quick to see the patterns in robo-signing and mortgage documentation problems was that the same names kept cropping up on every single mortgage assignment. And the names would be listed as a Vice President and Assistant Secretary of one mortgage company in one note, and another mortgage company in another. And the handwriting on the signatures would vary wildly. And the assignment dates would be wrong.
|By: Cynthia Kouril Tuesday April 6, 2010 4:40 pm|
U.S. Attorney’s Office for the Middle District of Florida has launched an investigation into alleged fabrication of mortgage transfer documents presented during foreclosures. But there’s more — some documents may also have forged signatures.