Widespread Foreclosure Fraud; Forged Signatures


From the Washington Post this morning:

In Georgia, an employee of a document processing company, Linda Green, for years claimed to be executives of Bank of America, Wells Fargo, U.S. Bank and dozens of other lenders while signing off on tens of thousands of foreclosure affidavits. In many cases, her signature appeared to be forged by different employees.

Green worked for a foreclosure document company owned by Lender Processing Services. The company is being investigated by a U.S. attorney in Florida for allegedly using improper documentation to speed foreclosures.

From USA Today:

“We’ve taken depositions at other servicing companies that take these documents without reviewing them,” says Christopher Immel, a lawyer at Ice Legal in West Palm Beach, Fla. “They were filing fraudulently. It’s rarely done correctly.”

In one case, Erica Johnson-Seck, a vice president at OneWest, said she signed 750 foreclosure documents a week and didn’t read each document before signing it, according to a 2009 deposition obtained by Ice Legal. She also said they were signed without a notary present.

Well, I can’t complain about this finally getting out into the public domain and being picked up by the mainstream media, but when are we going to see the law applied here?  Why is it that so far millions of homeowners have been the only ones that have had consequences?  Where are the attorney generals of all 50 states in this country?!

This was an immense and pervasive fraud, perpetrated on consumers by all of the big banks.  A simple Google search will turn up literally hundreds of fraudulent legal documents with all of the usual suspects involved:  JPMorgan Chase, Bank of America, CitiGroup, Deutche Bank, Harris, Washington Mutual, IndyMac….the list is practically endless.  All of the fraud was facilitated by MERS and the ratings agencies like Moodys and Standard & Poors.   If this was any bigger it would have its own gravitational pull!  Yet we see NOTHING being done to prosecute these entities, while homewners continue to lose their homes and Congress and this administration continues to throw those same homeowners’ money in the form of their taxes to the very entities that defrauded them.


Where is the justice?  Where is equal protection under the law?  How long will Americans stand for their government’s refusal to represent them?