Large Banks Near Robo-Signing Settlement

01/27/2012 11:14 AM | Anonymous
The Large Banks are again nearing a settlement over the allegations of robo-signing and fraudulent assignments. More from the Palm Beach Post.

Within the title industry, we rely on the accuracy and validity of the documents which wind up recorded in the court files and the official records.  While it is one thing to reach an economic settlement that may preclude future criminal charges, those of us who rely on those official records encourage the collective Attorneys' General to complete their investigation into the scope and nature of the problem and release that information publicly so that we can consider appropriate underwriting standards. 

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