Nation’s First ‘Robo-Signing’ Indictments
For a couple of Orange County (CA) residents Thanksgiving weekend just wasn’t what they were accustomed to. A Nevada grand jury indicted the couple in what appears to be the first criminal case filed connected to the nationwide ‘robo signing’ scandal. According to Jeff Collins, reporter with the OC Register, ‘both are title officers who worked for the Jacksonville, FL mortgage servicing firm Lender Processing Service.”
The time is ripe for the Lenders ‘C-Level’ Suite to step up, put a stake in the ground that these issues should never be tolerated – and move forward with an all-electronic and digital transaction – eliminating the associated fraud associated with human error, back-dating, white-out, cut and paste signatures, substitution of false documents, etc. Secure ‘tamper-resistant’ document processing technology has been available for years – tested, live and certified (by all Industry participants/leadership-sans Lenders) - gurading against such ‘all-so-common’ instances of fraud and outrageous manipulation. The article further mentioned a Huffington Post quote from University of Minnesota law Professor Prentice Cox, a former Assistant State Attorney General, adding: ” When criminal prosecutions are done for robo-signing, I would hope the target of those prosecutions would be the people who designed the system and profited from it, not just the low level people doing what they were told.” Read More…
First and foremost, we need to see Obama prosecuted for violating the Constitution with his ‘auto-pen’… using it for invitation/anniversary cards is fine, ‘robo-signing’ a bill into law is not.
Our Founders never intended a bill to be signed ‘by proxy’ which is what the auto-pen does. They had very sound reasons for this rule and the 10-day grace period for rejection of a bill.
The Constitution clearly states “…If he approve -he- shall sign it…” (not his wife or auto-pen)
So before we prosecute anyone else, let us enforce our Constitution and prosecute Obama.
I agree about the process of ‘proxy’ signing but since the eSign Act became legislation in June 2000 “..he approves -he-shall sign it..’ is valid with an electronic signature affixed.