“We want to be protective of the homeowners, people who have perchance been foreclosed on that perhaps the ownership (of the mortgage) was not clearly identified, or someone who has bought a foreclosed home,” said Rock Island County Recorder Pat Veronda.
Unfortunately, Sharon Bock, the county recorder in Palm Beach county, says it’s not her problem…
AG Gets Help in Robo-signing Investigation
By Andrew Thomason Illinois Statehouse News
SPRINGFIELD — A group of 12 county recorders in Illinois are providing documents to Illinois Attorney General Lisa Madigan for her investigation into an illicit practice relating to the national real estate and subsequent foreclosure crises, known as “robo-signing.”
“Robo-signing is actually a variety of practices. It can be mortgages individuals signing a document that they have no idea of what’s contained within the document and without verifying the information,” said Champaign County Record Barb Frasca. “It can mean someone forging an executive signature on a document or using their own name on the document with a fake title.”
County recorders, one for each of the state’s 102 counties, are stewards of deeds and other documents relating to real estate ownership, and often receive paperwork from loan servicing and other mortgage processing companies. Josh Langfelder, Sangamon County recorder, said he and the 11 other recorders voluntarily are assembling documents for Madigan.
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