1In one case of Robo-Signing a top executive of an offending company faces up to 7 years in prison. Robo-Signing is where a bank prepares fraudulent documents in support of its foreclosure lawsuit. This is one very important reason to have an attorney representing you in foreclosire cases.
Top executive at company accused of robo-signing mortgage foreclosure documents faces up to 7 years in prison.
Also see article describing what constitutes robo-signing below.