There’s been a ton of interest lately among people who are filing for bankruptcy in New York on the topic of robo-signers in foreclosure actions. These are the automatically-generated foreclosure affidavits being spit out by the thousands, and they’ve caused many lenders to halt their actions entirely. So I thought it would be a good idea to do a round-up of some of the most recent and important news articles on the subject.
Foreclosure ‘Robo-Signers’ (CBS News Video)
Foreclosure Slow As Document Flaws Emerge (NY Times)
Foreclosure Flaw May Cloud U.S. Home Ownership As Blighted Titles Emerge (Center for Responsible Lending)
WSJ: Bank of America Suspends Foreclosures (Wall Street Journal)
Concerns Grow Over Servicers’ Right to Foreclose. Larger Implications Loom (Mortgage News Daily)
It’s Paper Chase On Foreclosures (David B. Shaev quoted) (NY Post)
Flawed Paperwork Aggravates a Foreclosure Crisis (David B. Shaev quoted) (NY Times)