http://www.cnbc.com/id/39826960
Now which lack of signatures would that be?
On the title transfers? Oh that right, it can't on those since they failed to assign them to anything but blank.
It makes them easy to swap back and forth that way.
No messy paper work to state who actually owns them or holds responsibility for them.
No tax quota to compensate for there,
Just plain old fraud and embezzlement, all the way around,
To the MBS Investor, as well as the homeowner for services paid for that were never received, and right down to the counties we live in for the theft of the recording fees that they were entitled to.
We call that "White Collar Crime" where I come from,
not a mistake.
Bank of America acknowledged some mistakes in foreclosure files as it begins to resubmit documents in 102,000 cases, the Wall Street Journal said.
The bank found errors in 10 to 25 out of the first several hundred foreclosure it examined starting last Monday, the newspaper said.
The problems included improper paperwork, lack of signatures and missing files, as well as cases in which information about the property and payment history being unmatched, the Journal said
The bank found the errors while preparing less than 1 percent of the first foreclosure files that it intends to resubmit to the courts in 23 states, the Journal said.
