"Robosigning" is the act of signing someone else's name, or yours, to papers that will be used to evict people from their homes whether they deserve it or not.
Forgery is a felony in most jurisdictions. It is certainly a crime in Missouri, where a Grand Jury handed up indictments of "DocX" and its founding former president on "136 counts of forgery in the preparation of documents used to evict financially strained borrowers from their homes." Gretchen Morgenson, "Company Faces Forgery Charges in Foreclosures in Missouri" p. B1, col. 2 (New York Times Nat'l ed., "Business Day" Section, Tuesday, February 7, 2012).
DocX reportedly employed people for the purpose of signing other people's names and notarizing the signatures on "millions of mortgage documents for big banks and loan servicers". Id. Doc X was a part of Lender Processing Services located in Jacksonville, Florida, until DocX was "closed" a year-and-a-half ago.
You and your clients might be wondering if forgery is a crime in other States besides Missouri? Of course it is.
You might also be wondering in what other States has forgery been prosecuted as a crime? One. Nevada, where some individuals have been charged with "notary fraud". Id.
You might wonder why not? Why have there not been criminal prosecutions for forgery and Fraud?
Except in Missouri and Nevada?
Mortgage Insurance Companies and Title Insurance Companies faced with more and higher payouts on their Policies would like to know the answer to that question, too.
So would the rest of us.
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