A memorable edition of 60 minutes from 2011 reported that banks across the nation had used forged signatures to process foreclosure documents. After that, Michigan Attorney General Bill Schuette launched an investigation and found that more than 1,000 unauthorized and improperly executed documents were filed with county registers of deeds throughout the state. Those documents were prepared by a company named DocX, which was identified in the 60 Minutes program.
Now, after reaching a $2.5 million civil settlement with the parent company of DocX, efforts against mortgage fraud continue. Earlier this month, Macomb County launched a first-in-the nation high-tech mortgage database--the “Super Index”--to help homeowners and homebuyers fight against this fraud.