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Oh, Like YOU Read The Fine Print On Everything YOU Sign
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The banking industry's practices in the foreclosure wave may come back to bite them in the ass, and the biggest part of that is the use of robosigners. What? Well, they'd have some low-level employee sit in a room and sign off on thousands of foreclosures by glancing at the paper, signing off that the information therein was correct, and moving on. The problem is that the information in the documents isn't always correct, and these "robosigners" never really read the documents at all. And that doesn't play well in court. The fact that the fate of the roof over your head is usually sealed by a guy who hasn't a clue about the real circumstances of the situation should make you at least a little upset. (Washington Post)
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