Illinois AG: F'closure Document Prep Sweatshop Utilized "Assembly Line Process" To Create Dubious Paperwork Used To Improperly Take People's Homes

In Chicago, Illinois, Bloomberg reports:

• Illinois Attorney General Lisa Madigan sued Nationwide Title Clearing Inc., a Florida company she claims caused the filing of faulty documents with county clerks. [...] Nationwide Title Clearing prepares documents for mortgage servicers to use against borrowers in default, foreclosure and bankruptcy, Madigan said. Among the documents are mortgage assignments used by lenders in foreclosures.



• NTC employees signed forms used in Illinois foreclosures as officers of the foreclosing financial institutions and not Nationwide, often without reading or verifying the documents they signed, Madigan said.



• “NTC creates documents through an assembly-line process,” Madigan said. “NTC signers typically have little or no role in the actual creation of documents that they sign.” Their sole role is to affix their signatures, she said.



• The complaint, which accuses the Palm Harbor, Florida-based company of unfair and deceptive acts, was filed [] in state court in Chicago.

For more, see Nationwide Title Clearing Sued by Illinois Over Foreclosure Documents.

See also, Courthouse News Service: Illinois A.G. Goes After Robo Signer.

For the Illinois Attorney General press release, see Madigan Files Suit Over Faulty Mortgage Assignments Filed With County Recorders (Attorney General Alleges Faulty Practices in Foreclosing on Homeowners in Crisis).

For the lawsuit, see People v. Nationwide Title Clearing, Inc.