Robo-Signing

Business & Economy
6:30 pm
Wed March 14, 2012

Guilford County Files Robo-Signing Lawsuit

Guilford County is suing some of the nation’s largest banks over forged mortgage documents.

Jeff Tiberii: Local officials want to put a stop to robo-signing. That’s the practice of third-party employees falsifying financial documents. It has been a national problem in the housing crisis. Register of Deeds Jeff Thigpen found more than 45-hundred mortgages in Guilford County that appear to have been forged.

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Business & Economy
8:00 am
Fri February 3, 2012

HUD Secretary Touts Mortgage Proposal

The Obama administration says thousands of North Carolina families could benefit from a proposed home-refinancing program. Housing and Urban Development Secretary Shaun Donovan came to Raleigh to tout the proposal. He told WUNC that ten percent of North Carolina homeowners owe more on their home than the home is worth and the national average is twice that.

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