From wtop.com via Alan Zibel, AP Real Estate Writer.
A Wells Fargo executive has acknowledged that he verified only the dates on up to 150 foreclosure documents he signed daily.
The executive made his admission in a May deposition involving a Washington state homeowner. He said he relied on co-workers to ensure that other information in the documents was correct. …
State attorneys general, who enforce foreclosure laws, are stepping up pressure on the industry.
On Saturday, Massachusetts Attorney General Martha Coakley said her office is investigating an “apparent failure of major creditors to follow state foreclosure law.”