by Alexander Higgins | blog.alexanderhiggins
Once Nevada made it a crime (a felony) to file fraudulent mortgage foreclosure paperwork with the courts, subject to 10 years in jail and fines of $10,000 per violation…
Chalk this up however you want, they just wanted to make sure they are doing it correctly or whatever, the fact that foreclosures stopped as soon as it was made a felony to file fraudulent foreclosure paperwork speaks volumes.
Perhaps the real kicker is Nevada is making sure filers sign affidavits that they have personally familiar with the documents they are filing.
Now there is no more passing the buck… file and sign fraudulent paperwork and go to jail.
Nevada State Attorney General Catherine Cortez Masto explains why she’s suing Bank of America for a range of violations.