octobber 4th 2012 @ 4:36am robo signer let othr people sign their name

Tired Robo-Signers Let Other People Sign Their Names

Feel sorry for the poor robo-signer who had to sign 1,000
foreclosure files a day? Then here’s some good news: allegations are now
surfacing that at least one robo-signer got help from co-workers.

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Tired Robo-Signers Let Other People Sign Their Names

Feel sorry for the poor robo-signer who had to sign 1,000
foreclosure files a day? Then here’s some good news: allegations are now
surfacing that at least one robo-signer got help from co-workers.

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Stacy Johnson

By Stacy Johnson | Oct 20, 2010

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Money Talks News has been doing an investigative series
about a local foreclosure law firm that’s one of the nation’s largest. If you
haven’t seen it yet, part 1 is The Foreclosure Freeze and Why It Matters. Part
2 is The Mother of All Foreclosure Mistakes.

There’s been a lot of press lately about bank robo-signers
signing hundreds of foreclosure-related documents daily without bothering to
review what was in the files. Many on Wall Street are calling this a mere
technicality: for example, here’s JP Morgan CEO Jamie Diamond, quoted in this
recent article in Fortune: “We’ve known there are issues for a while,” he said
of the foreclosure process. But, he stressed, “We’re not evicting people who
deserve to stay in their house.”

Others point out that whether the right people are being
thrown out is beside the point: Robo-signing is far from a technicality,
because these signers are essentially swearing to a judge that they have
personal knowledge that the foreclosure file is accurate. They’re attesting
that the lender has the legal right to take the home, and the people losing the
home are the right people: something kind of hard to do if you haven’t read the
file.

But while taking people’s homes without reading their file
has to be a tough job, nobody seems to care how difficult it must be to sign
your name 1,000 times a day. Sound exhausting? It must be, because now
allegations are surfacing that at least one robo-signer was so over worked, she
had to get help to sign her own name.

The Florida Attorney General is currently conducting an
investigation into one of the largest foreclosure law firms in the country, the
law offices of David Stern. As part of that investigation, they’re taking
depositions from some of Stern’s former paralegals, giving a fascinating
glimpse into the workings of a firm that processed an incredible 70,000
foreclosure cases in 2009.

It’s through the deposition of a former Stern employee named
Kelly Scott, taken on October 4, 2010, that we learn how other employees of
Stern’s firm allegedly came to the aid of their beleaguered robo-signing
colleague – by signing her name for her.

According to Ms. Scott, the person who was doing most of the
robo-signing was Stern employee Cheryl Salmons. Here’s a cut-and-paste from
Scott’s deposition about Cheryl getting help from co-workers.

Q: Are you aware
of anyone other than Cheryl Salmons signing Cheryl Salmons’ name to documents?

A: Yes

Q: Could you tell
me about that, please?

A: Cheryl would
give certain paralegals rights to sign her name, because most of the time she
was very tired, exhausted from signing her name numerous times per day. You had
to understand it was more than five hundred files that she’s signing morning
and afternoon.

Q: Five hundred in
the morning and then another five hundred in the afternoon?

A: Yes.

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Q: So
approximately a thousand a day?

A: A thousand a
day. So, yes, she would, you know, if they were very close with Cheryl Salmons

Q: They who? Could
you give me their names?

A: Shannon Smith,
Elizabeth Davilla, Beth Cerni.

Q: These people
were allowed to sign her name?

A: Yes.

So, what do you think? Is it OK for law firm employees to
robo-sign foreclosure files? If so, I guess there’s no reason that someone else
shouldn’t sign their name when they got tired…right?

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octobber 4th 2012 @ 4:36am robo signer let othr people sign their name