A man named Jeffrey Stephans testified on September 14th that he had signed off on affidavits which he didn’t actually examine. Those affidavits were used in thousands of Ally foreclosures, and the properties involved were subsequently bought and sold. The previous homeowners can now sue the banks that foreclosed, and the “they were underwater anyway” argument isn’t holding up in many states, where both civil and criminal penalties are being discussed. By admitting his actions, Stephans instantly invalidated all of the repossessions and sales that were based on those actions. And Stephans said his practices are common in the industry. They’re so common, in fact, that a term was developed to describe them: “robo-signing.” This is being performed at law firms that process thousands of documents a day, which have become known as “foreclosure mills.”
Tammie Lou Kapusta, a former paralegal for one of those mills, testified on September 22nd that she was instructed by the attorneys at the firm to officially notarize hundreds of documents a day with a notary stamp that she wasn’t legally allowed to use. When complaints started rolling in about stamp dates that didn’t match other dates within the documents, she and all of the other paralegals doing the same thing at the firm were instructed to make the date of the stamp match the other dates, no matter what day it actually was. The documents would then be signed with the name “Cheryl Samons” by three different people, only one of whom was actually named Cheryl Samons. Kapusta said she drew the line when she was instructed to use random Social Security numbers assigned to people who might not even exist in order to falsify documents regarding each hypothetical person’s military status.
Read more: http://dailycaller.com/2010/10/14/thedc-op-ed-one-nation-under-fraud/3/#ixzz12Sdd6wrA
Nothing to see here. Move along...
Is tomorrow ten days so that Obama’s fake pocket veto gets revealed as the billed is actually considered law through his actions?
Guess I'll have to read all 7 pages of that AGAIN because I don't see an example on the first reading.
So the house that I paid for in full, cash, on the courthouse steps, might not be legally mine? That is, there is a chance the previous owner might be able to legally get it back? Oy vey..
Superb article, thanks for posting.
Find out who holds your note. If nobody knows, pay your mortgage into escrow pending resolution. Or consider a writ of adverse possession.
If they tore up your note, stop paying. Maybe send them a lovely Hallmark card to thank them.