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Videos: Depositions of Alleged Robo-Signers From Nationwide Title Clearing

Over the past several years, Bryan Bly, Crystal Moore and Dhurata Doko have signed thousands of mortgage assignments as vice presidents of Citi Residential and other major lenders.

Yet when asked in a recent deposition what a mortgage assignment is, Bly replied: "I’m really not sure."

Moore, meanwhile, defined a promissory note as something "that says the interest rate and stuff like that on it.” And Doko, a native of Albania who speaks shaky English, expressed befuddlement at the whole idea of loaning someone money to buy a house.

"We don’t do mortgages in my country,” she said.

Bly, Moore and Doko work for Nationwide Title Clearing, a Pinellas County company that found itself in an unwelcome spotlight this week when video depositions they gave in a foreclosure case popped up on YouTube and AOL.

"We kind of suspected those would be some of the answers we’d get, but to hear it done in sworn testimony was disturbing,” says Christopher Forrest, the lawyer who questioned the three on Nov. 4 and uploaded the videos to the Internet.

"This issue potentially affects so many, I thought people should be able to see for themselves what’s going on.”

Source: On video, alleged ‘robo-signers’ describe assembly line work – St. Petersburg Times

I caution you before passing any judgment one way or another to remember that the people being deposed here were acting on behalf of their company which was acting on behalf of the bank repossessing the properties .

Parts 1-3: Video deposition of alleged robosigner Bryan Bly taken by attorney Christopher Forrest of The Forrest Law Firm in Pinellas County, FL on Nov. 4, 2010.

Parts 1 – 4: Video deposition of alleged robosigner Crystal Moore of Nationwide Title Clearing. Deposition taken by attorney Christopher Forrest of The Forrest Law Firm in Pinellas County, Florida, Nov. 4, 2010.

Parts 1-2: Video deposition of alleged robosigner Dhurata Doko taken by attorney Christopher Forrest of The Forrest Law Firm in Pinellas County, Florida on Nov. 4, 2010.

About 

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College. Edward also writes a premium financial newsletter. Sign up here for a free trial.