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“Robo-signers” are nothing new

October 17, 2010

America is outraged, and deservedly so, about the mortgage foreclosure crisis.  The most appalling aspect being the so called “robo-signers” – people authorized to sign foreclosure documents who supposedly signed upwards of 10,000 documents a month.  The charge being the obvious, how can they sign this many documents and actually read them?  The obvious answer is they aren’t.

Thankfully we have dutiful representatives vowing to get to the bottom of this.  John Conyers being one of the vanguard.  In a recent letter to the Special Inspector General to TARP (the bailout), Conyers says:

We are writing you as the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) to request that you aggressively investigate the nation-wide foreclosure flawed and fraudulent paperwork debacle, which has heightened our concern of the potential for systemic wide fraud in the housing finance industry.

Good on you John.  But should we be concerned over whom has decided to defend America from people who don’t read documents they are entrusted to review and sign?  Hypocrisy has never stopped a democrat, and Mr. Conyers appears to be the vanguard for that as well: (from cnsnews.com)

“What good is reading the bill if it’s a thousand pages and you don’t have two days and two lawyers to find out what it means after you read the bill?”

 

Actual photo of robo-signer

 

That was his response to people claiming our representatives should read the Health Care bill before they vote on it.  Even Michael Moore is capable of revealing some truth in his documentaries: (from The Washington Examiner)

“How could Congress pass this Patriot Act without even reading it?” Moore asked.

“Sit down, my son,” Conyers said, lowering his voice as if to reveal a trade secret. “We don’t read most of the bills. Do you really know what that would entail, if we were to read every bill that we passed?”

It seems John is not a big fan of reading.  Maybe we need to start dubbing our congressmen “robo-signers”.  The good thing is, Mr. Conyers has a solution at least to the fraudulent foreclosure problem:

It is critical that the individuals responsible for any fraudulent acts be prosecuted and removed from the business in and around housing and finance.

Good call, John.  We need to prosecute these “robo-signers” and get them removed, perhaps we could start with you.

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4 Comments leave one →
  1. LD Jackson permalink
    October 17, 2010 7:33 pm

    Honestly, this entire foreclosure scenario is a total mess. There is so much going on that I can’t tell who is doing what.

    • October 18, 2010 7:03 am

      Oh, I agree totally. I just like to point out hypocrites in our government.

  2. KingShamus permalink
    October 18, 2010 9:39 am

    John Conyers: Not much of a reader, but at least his wife is not a crook. Oh, wait…

    • October 18, 2010 10:57 am

      For those wanting information on kingshamus’ reference, check this out.

      Click here.

      Thanks for the comment kingshamus. =)

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