Some excellent investigative journalism in this one…
The author tracks down some HSBC robo-signed cases featuring Cheryl Samons and Xee Moua…
Keep up the great work Abigail!
What Do HSBC’s Foreclosure Moratorium and Robo-Signing Claims Really Mean?
In HSBC’s 2010 annual report, the bank asserted that it had stopped “processing foreclosures” and that it “suspended foreclosures” in December, even though the information wasn’t made public until Feb. 28, when HSBC (HBC) filed the report with the SEC.
But based on at least two cases still working their way through Florida’s courts, that delay in disclosure apparently also meant that HSBC didn’t tell attorneys bringing foreclosure actions in the bank’s name to put their cases on hold. Indeed, if HSBC had systematically put its many pending foreclosure cases on hold in December, the news surely would have come out before now. So it’s appropriate to ask: What does the moratorium announcement really mean?
HSBC has also repeatedly asserted that it doesn’t robo-sign. Despite those denials, HBSC’s annual report concedes foreclosure document problems that certainly sound like those caused by robo-signing: “certain deficiencies in the processing, preparation and signing of affidavits and other documents supporting foreclosures. . .including the evaluation and monitoring of third-party law firms retained to effect our foreclosures.”
See full article from DailyFinance: http://srph.it/ewmcVk
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HUH
C’mon, the delay tactics and slate of hand “loan modifications” is so obvious we fail to SCREAM LOUDLY! The sovreignity of our country is being dismantled at the COURT OF CLERKS level – very very very interesting way to continue the disection of wealth! They used securitized loans to take $$$ back from China and India – took, cash basically, back from emerging economies. Facilitated by Fannie, Geithner, NY FEDS, Vikram Pandit et al. We are screaming because the heal is directly on our throat – in foreclosure – wow, it is a heavy hand we feel.
jz, and they are robbing us of our last breath …
they are taking our country as we know it…they are literaling changing AMERICA right before our eyes. we will no longer enjoy the rights we had in the past …all in the name of globalizism.
They are all very deceptive liars. Maybe they do not personally robo-sign and that is where the deception lies. They hire useful idiots to do their dirty work for them and then they try to crucify all of us with their fraud. Knowledge is power. Smart is the new rich.
I vent – it is much bigger than robo signers
Oh, God yes.
IM NOT SO DUMB HUH?