'Robo-Signing' Repercussions For Mortgage Servicers Continue With New Judicial Twist
Two months after the National Mortgage Settlement was announced, mortgage lenders and financial companies are continuing to be plagued with legal challenges stemming from “robo-signing” abuses. The latest case could have national industry implications because a state supreme court intends to issue his own ruling on a foreclosure dispute, even though the bank already settled with the homeowner.
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