An employee for a Title company who was deposed by a legal aid attorney in Green Cove Springs indicated that his signature was used on over 5,000.00 loan documents per day. The way that this was conducted was by using a computer system that manually inputted his signature on the loan documents. The computer system also had the capability of stamping a notary seal on the documents. The problem with this is that nobody was actually reviewing the documents that were being signed and sealed with a notary stamp. JP Morgan and Citigroup were two of the many lenders who were using the "Robo -Signing" method. "Rob Signing" is the practice of signing intricate documents without initial reviewing the documents. The reason that "Robo Signing" came into play was due to the 4 trillion homeowners homes that inflated from 2005 to 2006. However, for the last two years there has been an investigation ongoing due to "Robo Signing."
