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November 15, 2010

All Business: Mortgage robo-signers now on YouTube

  • Robo-signing mortgage document handlers have found their way to YouTube, giving a rare live view into the latest mess to rock the troubled housing industry.
  • By RACHEL BECK
    AP Business Writer

    NEW YORK — It isn't just Justin Bieber videos or stunning plays in a middle-school football game that are getting attention on YouTube these days. Add to the list a former hotel maid explaining how she signs thousands of mortgage documents a year without a clue to what she's putting her name on.

    “I don't usually read the docs when I sign,” says Dhurata Doko, an employee of Nationwide Title Clearing, a mortgage services company.


     
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