Tuesday, July 19, 2011
Known Florida Robo-Signing Name Bryan Bly Turn Up On Mortgage Documents Elsewhere, Wells Fargo Bank Committed Foreclosure Fraud.
ST PETE TIMES NEWS July 19th, 2011...Florida names connected to last fall's mortgage "robo-signing'' scandal are turning up on documents again. County officials in at least three states say they have received thousands of mortgage documents with questionable signatures in the past eight months. Lenders say they are working with regulators to fix the problem but cannot explain why the practice, which led to a nationwide halt of home foreclosures, has continued.
Suspect signatures on the paperwork include 290 signed by Bryan Bly and 155 by Crystal Moore. Last fall, Bly and Moore worked for Nationwide Title Clearing, a Pinellas County company, when video depositions they gave in a foreclosure case popped up on YouTube and AOL. In one deposition, Moore was asked if she ever read any of the documents she signed. She replied, "No.'' Asked how much time she spent with each document, she said, "a few seconds.'' When Bly was asked in the deposition what a mortgage assignment is, he replied: "I'm really not sure."
At the time, both admitted signing their names to mortgage documents without having read them. Neither was charged with a crime. The Palm Harbor company said in a statement at the time that it follows court-approved industry practices and that it was "unethical'' to suggest that preparing common, mortgage-related documents is "somehow harmful for consumers.'' No one could be reached at the company Monday night.
So far, no individuals, lenders or paperwork processors have been charged with a crime over the robo-signed signatures found on documents last year. Critics such as April Charney, a Florida homeowner and defense lawyer, called the settlement a farce because no real punishment was meted out, making it easy for lenders and mortgage processors to continue the practice of robo-signing.
In June, the Michigan attorney general issued criminal subpoenas to several firms that process mortgages for banks, including Lender Processing Services, the parent company of DocX, where Linda Green worked. On July 6, the CEO of that Jacksonville company, Jeffrey S. Carbiener, resigned, citing health reasons. The company is also under investigation by the Florida Attorney General's Office, MORE FROM THIS SOURCE..
July 18th, 2011…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.
County officials in at least three states say they have received thousands of mortgage documents with questionable signatures since last fall, suggesting that the practices, known collectively as “robo-signing,” remain widespread in the industry.The documents have come from several companies that process mortgage paperwork, and have been filed on behalf of several major banks, (Wells Fargo).
One name, “Linda Green,” was signed almost two dozen different ways. Lenders say they are working with regulators to fix the problem but cannot explain why it has persisted. Last fall, the nation’s largest banks and mortgage lenders, including JPMorgan Chase, Wells Fargo, Bank of America and an arm of Goldman Sachs, suspended foreclosures while they investigated how corners were cut to keep pace with the crush of foreclosure paperwork.
“The Foreclosure Law Firm Kass, Shuler, Solomon, Spector, Foyle & Singer P.A. at 1505 N. Florida Ave Tampa Fl is taking on Wells Fargo foreclosure cases previously owned by Deutsche Bank “, see link CLICK HERE.
Robo-Signing: Documents Show Citi and Wells Fargo Also Committed Foreclosure Fraud. "Oct 2, 2010 – Robo-Signing: Documents Show Citi and Wells Also Committed Foreclosure Fraud ... It's simple: That's fraud in the eyes of the court. ... Although the foreclosure in that case was upheld, Wells Fargo did not dispute Kennerty's ... Wells Fargo and CitiMortgage aren't the only big banks to apparently Commit Foreclsoure Fraud. Documents submitted to a court are supposed to be true as submitted. As an attorney, if I file with a court a document in which I swore that I personally verified the information contained within the document is true, but I didn't actually do that, I'd get in real trouble. It's simple: That's fraud in the eyes of the court".
Bill Warner Sarasota Private Investigator Sarasota Fl www.wbipi.com