SPRINGFIELD — A group of 12 county recorders in Illinois are providing documents to Illinois Attorney General Lisa Madigan for her investigation into an illicit practice relating to the national real estate and subsequent foreclosure crises, known as "robo-signing."
“Robo-signing is actually a variety of practices. It can be mortgages individuals signing a document that they have no idea of what’s contained within the document and without verifying the information,” said Champaign County Record Barb Frasca. “It can mean someone forging an executive signature on a document or using their own name on the document with a fake title.”
Madigan launched her investigation earlier this year into Lender Processing Services and Nationwide Title Clearing, two of the largest loan servicing companies in the country.
County recorders, one for each of the state’s 102 counties, are stewards of deeds and other documents relating to real estate ownership, and often receive paperwork from loan servicing and other mortgage processing companies. Josh Langfelder, Sangamon County recorder, said he and the 11 other recorders voluntarily are assembling documents for Madigan.
“They gave us a sample of documents that may be related to our investigation, and they are gathering more documents to provide,” attorney general spokeswoman Robyn Ziegler said. “We’re reviewing the information they provided.”
Ziegler would not identify the documents provided or comment on whether the initial sampling will help in Madigan’s investigation, because it is ongoing.
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