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Flawed Foreclosure Doc’s Could Threaten Banks

Flawed foreclosure documents could threaten major banks w/billions of  $$ in losses. Employees/or contractors of several major banks testified in court cases that they signed and sometimes backdated thousands of certifying documents for home seizures. Several major banks suspended foreclosures in order to check their paperwork prior to beginning their foreclosures again, all according to the AJC today.

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