Comments on: CNN – Record plunge in foreclosures, thanks to robo-signers https://4closurefraud.org/2010/12/16/cnn-record-plunge-in-foreclosures-thanks-to-robo-signers/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Wed, 03 Dec 2025 18:41:37 +0000 hourly 1 https://wordpress.org/?v=7.0.4 By: kravitz https://4closurefraud.org/2010/12/16/cnn-record-plunge-in-foreclosures-thanks-to-robo-signers/#comment-16202 Thu, 16 Dec 2010 20:05:46 +0000 https://4closurefraud.org/?p=15627#comment-16202 CNN was so excited over the drop they failed to note the obvious. Courts are forcing bank lawyers to prove their cases. And where there was faulty paperwork, banks are being warned the resubmissions are admissions of fraud. It’s not just robo-signers (like the Citibank ‘RoboSan 4000 commercial?) It’s legal files submitted by people who weren’t actually lawyers. It’s that MERS is being questioned more often, and holding up less.

Oh, did you see that Judge Schack warned Citi a lawyer submitted problem paperwork? And rather than do what he did before (OneWest…$500K house) only to have the bank whine it didn’t know it could get punished for fraud, this time he very clearly warned Citi if the papers they submit next time don’t comply with New York’s new “kosher paperwork” law, someone WILL be punished.

http://stopforeclosurefraud.com/2010/12/16/nysc-judge-schack-slams-citi-for-not-complying-with-new-rule-court-does-not-work-for-citi-citimortgage-inc-v-nunez/

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