Washington Post:
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.
And there is more:
Many of the signatures look like they were forged by other employees, reports the Washington Post:
“
David Berenbaum, chief program officer for the nonprofit National Community Reinvestment Coalition, said companies eager to get bad loans off their books quickly have given rise to a foreclosure system that is as faulty as the excessive lending that created the problem in the first place.
"What's happened here is that there are these foreclosure machines that don't do due diligence and that are profiting at the expense of consumers," he said.
Read more from Under piles of paperwork, a foreclosure system in chaos [The Washington Post]
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