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  • OCC underestimated risk of robo-signing scandal

    The Office of the Comptroller of the Currency missed signs of the robo-signing scandal because its examiners underestimated the risk and lacked enough guidance to find it, according to the Treasury Department Inspector General. In March, the five largest mortgage servicers settled with federal regulators and the state attorneys for $25 ...
    Posted to Jeffrey Rubin (Weblog) by 844211 on June 3, 2012