News And Information On Wall Street, The Crooks That Run It, The Money Wall Street Uses To By Politicians And Coverage Of The People Standing Up To This Greed And Corruption
Tuesday, March 13, 2012
From Pizza Making To Bank Vice-President: How Big Banks Promoted Unqualified Workers To Robo-Sign Foreclosures
From Pizza Making To Bank Vice-President: How Big Banks Promoted Unqualified Workers To Robo-Sign Foreclosures: pScandal enveloped multiple Wall Street megabanks in 2010 when it was discovered that throughout the housing bust and the foreclosure crisis that ensued, the nation’s largest banks were caught robo-signing — the practice of approving foreclosures without verifying mortgage information and fabricating other loan documents. At the time, the banks promised to end the practice [...]/p