Virginia F'closure Defense Advocates Take Issue With Bogus F'closure Docs As Dubious 'App'ts of Substitute Trustee' Begin Popping Up Throughout State
In Richmond, Virginia, Public News Service reports:
- The tale of bogus Virginia bank documents used to kick people out of their homes after foreclosure reads like a mystery novel, with a very unhappy ending. The document in question in Virginia is called an Appointment of Substitute Trustee.
- Tom Domonoske with the Virginia-based Legal Aid Justice Center(1) says documents are surfacing that have clearly been "robo-signed" at a document mill that churned out thousands of bogus signatures. These helped "foreclosure mill" attorneys process the paper in assembly-line fashion, without asking a lot of questions.
- "It means that their home was never foreclosed on, and the person who bought at the foreclosure auction didn't actually buy anything."
- A video investigation of the document fraud by "60 Minutes" is [available here].
***
- In some cases, Domonoske adds, the people signing these documents as "bank vice presidents" were working for a signature mill at $10 an hour, signing hundreds a day.
For more, see How Many VA Foreclosures...are Frauds?
(1) The Legal Aid Justice Center provides legal representation for low-income individuals throughout Virginia. Legal Aid Justice Center's staff of 40 work from offices in Charlottesville, Falls Church, Petersburg and Richmond.
No comments:
Post a Comment