Showing posts with label Real Estate. Show all posts
Showing posts with label Real Estate. Show all posts

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