Tuesday, November 23, 2010

I think these guys could use some librarians

According to an article in the November 15 edition of Bloomberg's Business Week, banks are losing paperwork, which can lead to a foreclosure even while the person is in a program to stop that very action. Jessica Yellin from CNN suggests, based on feedback from participants in the Making Home Affordable program, believe that banks are deliberately losing paperwork. With all of the problems associated with robosigning, it may be time to hire some trained document managers to get things organized.

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