Banking Law

Lawmakers Call for Robo-Signing Probe After AP Reports Practice Is Still Widespread re Mortgage Docs

Federal lawmakers today called for hearings and a criminal investigation after a news report yesterday by the Associated Press that so-called robo-signing of mortgage documents continues to be a common practice.

The attorneys general of Massachusetts and Minnesota this morning also contacted county officials in their respective states to get information about the extent of the problem, the Associated Press reported in a follow-up today.

Earlier coverage: “‘Robo-Signing’ of Mortgage Docs ‘Still an Epidemic’”

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