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Goldman Agrees To Halt Mortgage Robo-Signing

Thursday, September 1, 2011

Goldman Sachs and two other firms have agreed to stop some of their more controversial mortgage-signing practices, New York officials said Thursday.
Goldman’s mortgage subsidiary had been under fire for what’s been called robo-signing. That’s when mortgage company officials sign and notarize foreclosure documents without properly reviewing them. Goldman is one of a handful of mortgage providers accused of the practice.
Under the agreement announced by New York’s Department of Financial

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