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AP Exclusive: Mortgage 'robo-signing' goes on

AP Exclusive: Mortgage 'robo-signing' goes on

Mortgage industry employees are still signing documents they haven't read and using fake signatures more than eight months after big banks and mortgage companies promised to stop the illegal practices that led to a nationwide halt of home foreclosures.

 

Wells Fargo 'Robo Signers' Apparently Used In Foreclosures

With one out of every 245 Minnesota housing units in foreclosure during September, news has broken that Wells Fargo, along with other big banks, may have helped push some homeowners off properties with the use of "robo signers."And the bank, with deep ties to Minnesota, has no intention of changing its ways.

 

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