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The Home Equity Theft Reporter: Ally/GMAC Begins Withdrawing Affidavits From Another "Robo-Signer" Andrew Moore- suspected robo signer at David sterns office- signature examined http He signs years after American Home Mortgage Acceptance filed for bankruptcy and without any authority from the bankruptcy court to assign these assets.
· Ally Financial announced that it is withdrawing 250 active foreclosures in Maryland that were signed by employee Jeffrey Stephan, an admitted "robo-signer," who said he signed off on 10,000.
The Home Equity Theft Prevention Act (HETPA, NY RPL 265-a) is a New York State law. A reconveyance arrangement has two elements: (i) A sale, mortgage, lien, encumbrance or any other method which allows an "equity purchaser" to.
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