Clueless Robosigner Backpeddles From Statements Made In Videotaped Deposition; Now Claims To Have Known Significance Of Documents He Cranked Out

In Central Florida, a recent ABC Action News story on foreclosure document mill Nationwide Title Clearing had this excerpt regarding company employee Bryan Bly, a prolific robosigner who distinguished himself recently in a videotaped deposition in which he admitted that he didn't have a clue as to the significance of the paperwork he was cranking out:

• In a videotaped deposition earlier this month, one of the company's processors Brian Bly, was asked, "What is an assignment of mortgage?” His response? “I have no idea."

• Despite not even knowing what an assignment of mortgage actually is, he signs thousands of them a day. "I would say 5,000," Bly testified.

• Bly isn't charged with anything. In a statement to ABC Action News, Bly says he wants to correct his testimony saying, "I know exactly what the purpose and types of documents are that I have signed."

For the story, see INVESTIGATION: Questions mount about documents used in foreclosures.

Go here for Nationwide Title Clearing's statement to the media on the distribution of the videotaped depositions on the Internet.