3 ms·
You're forgetting robo-signing foreclosure affidavits in the wake of the financial crisis. That's potentially hundreds of thousands of counts of fraud. The bank
by telchar 8y ago
You're forgetting robo-signing foreclosure affidavits in the wake of the financial crisis. That's potentially hundreds of thousands of counts of fraud. The banks were only forced to settle, and were not prosecuted. [0]
[0] https://en.wikipedia.org/wiki/2010_United_States_foreclosure_crisis https://en.wikipedia.org/wiki/2010_United_States_foreclosure...
- paulddraper 8y agoI thought the robo-signing meant fraud for mortgage companies not banks. But perhaps I was wrong.