Robosigning is not a victimless crime. The reason we have careful, document-intensive processes for handling real property is that it is the foundation of a nation’s wealth. A home is most families’ biggest asset. The practice of having independent parties verify the validity of signatures dates back to the 1677 Statute of Frauds. It was implemented because the lax evidentiary standards of the early 1600s allowed rich people to hire experts who would swear falsely in court about the ownership of property. The result was court-sanctioned theft and rising disorder.
An OUTSTANDING article displaying the RIDICULOUS notion that the trail of fraud in the mortgage assignment chains is anything but smoke and mirrors. This is an EASY read, even for those who are just now starting to grapple with the enormity of the heist that has occurred against American Homeowners.
This is NOT about who is or is NOT current on their mortgage. It is about BROKEN CHAINS OF TITLE on MOST mortgages!! Think you are fine because your payments are current? Wait till you try to refi or sell your home... THEN you will see why everyone is squawking.
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