Author Topic: Mortgage lenders ordered to appear in NJ court  (Read 976 times)

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Offline Chris_

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Mortgage lenders ordered to appear in NJ court
« on: December 21, 2010, 10:17:16 AM »
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Mortgage lenders ordered to appear in NJ court

In one instance cited in an administrative order, an employee of OneWest Bank, formerly IndyMac Federal Bank, said in a deposition that she signed 750 documents a week, taking no more than 30 seconds per document and relying on others to check the documents' accuracy prior to signing.
Associated Press

This might be interesting to follow.
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Offline Ptarmigan

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Re: Mortgage lenders ordered to appear in NJ court
« Reply #1 on: December 28, 2010, 03:57:00 PM »
It should be interesting.
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Offline Ralph Wiggum

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Re: Mortgage lenders ordered to appear in NJ court
« Reply #2 on: December 28, 2010, 03:58:26 PM »
Everytime I've re-financed or got a new loan I FELT like I signed 750 documents in one sitting.
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