PrintOctober 14, 2010
Bank of A(meri)CORN?
The AP's Michelle Conlin reports charges have surfaced that some banks were hiring hair stylists, Walmart floor workers, teenagers, and homeless people to sign foreclosure affidavits. Apparently given no formal training, these "foreclosure experts" put their signatures on thousands of forms with little or no knowledge of what they were signing. Several workers even admitted they knew that what they were doing constituted document fraud. According to the Florida lawyer making the accusations, the primary reason for hiring this army of 'robo-signers' was that such people would do what they're told without questioning authority.
If true, these allegations indicate the banks may have simply adopted the voter registration practices of the organization that pressured them to make bad loans in the first place: ACORN.
