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: emptywheel Friday May 20, 2011 12:30 pm|
I’m not surprised that Karl Rove has weighed in on the foreclosure fraud scandal with an erroneous op-ed in the WSJ. I’m just a bit baffled why he did so now.
|By: emptywheel Friday October 15, 2010 9:01 am|
The NYT has a fascinating story about the $75,000 house that led to the GMAC deposition on robosigning that finally alerted the world to the extent of the fraud behind foreclosures. GMAC requested the judge prevent publication on the internet documentation key to the case. But the judge refused.