Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Display:
Associated Press

NEW YORK (AP) -- In an effort to rush through thousands of home foreclosures since 2007, financial institutions and their mortgage servicing departments hired hair stylists, Walmart floor workers and people who had worked on assembly lines and installed them in "foreclosure expert" jobs with no formal training, a Florida lawyer says.

In depositions released Tuesday, many of those workers testified that they barely knew what a mortgage was. Some couldn't define the word "affidavit." Others didn't know what a complaint was, or even what was meant by personal property. Most troubling, several said they knew they were lying when they signed the foreclosure affidavits and that they agreed with the defense lawyers' accusations about document fraud.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 12th, 2010 at 08:31:05 PM EST
[ Parent ]

Others have rated this comment as follows:

dvx 4
Bernard 4
sgr2 4

Display:

Top Diaries

Creeping Despotism Log #1

by THE Twank - Feb 13
15 comments

Austria: No new elections

by generic - Jan 30
7 comments

The Nemesis

by Luis de Sousa - Feb 3
94 comments

My Brick

by Drew J Jones - Jan 30
85 comments

Occasional Series