Clueless Robosigner Backpeddles From Statements Made In Videotaped Deposition; Now Claims To Have Known Significance Of Documents He Cranked Out
- In a videotaped deposition earlier this month, one of the company's processors Brian Bly, was asked, "What is an assignment of mortgage?” His response? “I have no idea."
- Despite not even knowing what an assignment of mortgage actually is, he signs thousands of them a day. "I would say 5,000," Bly testified.
- Bly isn't charged with anything. In a statement to ABC Action News, Bly says he wants to correct his testimony saying, "I know exactly what the purpose and types of documents are that I have signed."
For the story, see INVESTIGATION: Questions mount about documents used in foreclosures.
Go here for Nationwide Title Clearing's statement to the media on the distribution of the videotaped depositions on the Internet.
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