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To: Attention Surplus Disorder
Big bank foreclosure delays signal big trouble

JP Morgan Chase told CNBC on Wednesday that it will delay more than 56,000 foreclosure proceedings due to paperwork that was signed, "without the signer personally having reviewed those files."

9 posted on 09/30/2010 11:10:38 PM PDT by MamaDearest
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To: MamaDearest
JP Morgan Chase told CNBC on Wednesday that it will delay more than 56,000 foreclosure proceedings due to paperwork that was signed, "without the signer personally having reviewed those files."

I used to drive the mortgage brokers crazy by actually reading the documents at a signing. "Nobody does that." "That" was nearly 20 years ago. I can only imagine...

11 posted on 10/01/2010 12:09:14 AM PDT by Carry_Okie (Managing "The Environment" is the power to control the entire economy.)
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To: MamaDearest

so the banks will announce that SOMEONE has now actually “read” the documents.

IOW the signor in Ohio is not notorized by someone sitting in texas.

It does not matter because judges are ignoring the law anyways.

There is no senile old judge insurance.


18 posted on 10/01/2010 2:42:12 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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