Did a “robo-signer force you out of your foreclosed home?

The state attorneys general are getting in the foreclosure mess and from the looks of it all, things could get messy. In the fourth year of a housing crisis caused at least partially by lax mortgage industry dealings, now the states are looking for a fall guy. Banks repossessed almost 3 million homes from Jan. 2007 to Aug. 2010, and will take a record 1.2 million this year.

At least part of the problem is the use of robo-signers, who may handle hundreds of documents a day. Some, working out of attorney’s offices, are alleged to have used inaccurate or incomplete information. Supposedly, they didn’t review all the information necessary to make the foreclosure decision. All this at a time when banks are still remembered for causing the recent financial crisis.

And the Republicans claim we have too much regulation.

Read more here and here.