It's finally happening in Nevada according to today's LA Times.
Assembly Bill 284, which took effect in October, requires those foreclosing on a home to file an affidavit proving they have the right to bring the action — and it increases civil and criminal penalties for using fraudulent documents in a foreclosure.Yes, I'm still following the long bursting of the bubble, and have to think the then-new blogosphere will be a central part of documenting its history.
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A Clark County grand jury in November indicted two Southern California title officers on a combined 606 felony and misdemeanor counts, alleging the two headed a vast "robo-signing" operation in which tens of thousands of foreclosure documents were fraudulently filed in the Las Vegas area.
1 comment:
Thanks for staying on this. You have always been one of the most insightful and thoughtful voices on the issue. Lots of hard work to keep up a blog such as yours...
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