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Companies Still Liable For 'Robo' Practices Even After Historic Settlement

Companies Still Liable For 'Robo' Practices Even After Historic Settlement

Financial institutions and the third-party contractors that service loans are still liable for the improper notarization and document signing practices exposed by the “robo-signing” crisis, even after the $25 billion national mortgage settlement with federal agencies and 49 state attorneys general.

Missouri AG Brings Criminal Indictment Against Key Player In 'Robo' Crisis

Missouri AG Brings Criminal Indictment Against Key Player In 'Robo' Crisis

Missouri Attorney General Chris Koster has announced that DOCX, LLC — a key mortgage document processing firm at the center of the foreclosure “robo-signing” crisis — and its founder have been charged in sweeping felony indictments that accuse them of forgery and making false declarations related to mortgage documents.

Three Out Of Four Americans Distrust Financial System

Three Out Of Four Americans Distrust Financial System

An overwhelming majority of Americans — 77 percent — do not trust the nation’s financial system, according to a recent survey conducted by the University of Chicago and Northwestern University.

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