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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (26853)6/24/2011 12:01:19 PM
From: Les H1 Recommendation  Read Replies (7) | Respond to of 119360
 
New Service Adds Your Silicon Investor Posts To Employer Background Checks, For Up To Seven Years

The FTC has given thumbs up to a company, Social Intelligence Corp., selling a new kind of employee background check to employers. This one scours the internet for your posts and pictures to social media sites and creates a file of all the dumb stuff you ever uploaded online. For instance, this sample they provided was flagged for "Demonstrating potentially violent behavior" because of "flagrant display of weapons or bombs."

The FTC said that the file, which will last for up to seven years, does not violate the Fair Credit Reporting Act. The company also says that info in your file will be updated when you remove pictures from the social media sites. Forbes reports, "new employers who run searches through Social Intelligence won't have access to the materials if they are completely removed from the Internet."

consumerist.com



To: Les H who wrote (26853)9/10/2011 5:13:30 PM
From: Les H2 Recommendations  Read Replies (1) | Respond to of 119360
 
Robo-Signing Redux: Servicers Still Fabricating Foreclosure Documents
By Kate Berry, American Banker
AUG 31, 2011 5:47pm EDT

Some of the largest mortgage servicers are still fabricating documents that should have been signed years ago and submitting them as evidence to foreclose on homeowners.

The practice continues nearly a year after the companies were caught cutting corners in the robo-signing scandal and about six months after the industry began negotiating a settlement with state attorneys general investigating loan-servicing abuses.

Several dozen documents reviewed by American Banker show that as recently as August some of the largest U.S. banks, including Bank of America Corp., Wells Fargo & Co., Ally Financial Inc., and OneWest Financial Inc., were essentially backdating paperwork necessary to support their right to foreclose.

Some of documents reviewed by American Banker included signatures by current bank employees claiming to represent lenders that no longer exist.

americanbanker.com