Sunday, January 8, 2012

Housing market lawsuits

Pretty outrages stuff happening in the US American housing market.

An excerpt form the article:

"Former workers at another division described their work as “surrogate signers.” They said their job was to forge signatures on documents. These people were hired through temporary agencies; one said she was paid $11 an hour and told that her job was “to sign somebody else’s signature on documents,” the lawsuit said. She told investigators that she signed roughly 2,000 documents a day for months".


http://www.nytimes.com/2012/01/08/business/mortgage-servicing-horror-stories-fair-game.html?src=recg


The lawsuit Nevada vs. Lender Processing Services seems to be about a lot of this false paper work stuff.



http://ag.state.nv.us/newsroom/press/2011/LPSComplaint.pdf

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