In this article, Barbara Anthony, former professor of mine at Suffolk Law, speaks about the current coordination between her office and national lenders concerning compliance with Massachusetts banking requirements. Interestingly, the alleged non-compliance seems to have surfaced from a case filed last year in which deposition testimony revealed a bank executive signed as many as 8,000 foreclosure documents without reviewing them. This is a good example of how what is mentioned in one deposition, in one case, can have a ripple effect. It also demonstrates how claims of commonplace practices, such as signing without reading, are not always an excuse.
http://www.boston.com/business/articles/2010/10/05/errors_lead_state_to_scrutinize_foreclosure_practices/
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