robo-signing
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See also: robosigning
English
[edit]
Alternative forms
[edit]Etymology
[edit]Noun
[edit]robo-signing (plural robo-signings)
- (business) Approving or ratifying a document without reviewing it.
- 2010 October 18, Elizabeth Shell, “The Road to 'Robo-signing'”, in PBS NewsHour[1], retrieved July 19, 2016:
- But, what is robo-signing? How does a mortgage get to that point?
- (law) Initiating a foreclosure or other legal procedure without knowledge of the facts attested.
- 2010, Commerce, Justice, science, and related agencies appropriations for 2011: hearings before a subcommittee of the Committee on Appropriations, House of Representatives, One Hundred Eleventh Congress, second session, US House of Representatives:
- The court determined that the practice of multiple foreclosure filings without sufficient documentation of the title and often with inaccurate affidavits – the so-called "robo-signing" phenomenon – was not acceptable.