Report Shines Light On Effects Of Robosigning Racket On Prince William Land Document Public Records
In Prince William County, Virginia, The Washington Post reports:
- Lenders may have foreclosed on hundreds of homeowners in Prince William County, Manassas and Manassas Park using unreliable, “robo-signed” documents, according to a report by the group Virginians Organized for Interfaith Community Engagement.
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- A team of more than 30 VOICE volunteers found widespread irregularities in a random selection of more than 1,600 real estate records, which amount to 10 percent of the foreclosures filed between 2004 and 2009, when foreclosures in Prince William peaked.
- They found that one employee of a loan processing firm based in Jacksonville, Fla., signed foreclosure documents as an official for seven different banks. They also found mismatched signatures for the same notary public.
For more, see Probing Pr. William foreclosures, group sees widespread irregularities, ‘robo-signed’ papers.
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