Several ways have crossed my mind. One is by contacting attorneys, in particular attorneys who specialize in foreclosure defense and bankruptcy. A report that showed the names and contact information of people whose documents had been robosigned might be useful to attorneys looking for clients.
Attorneys are using robosigned documents as part of their strategy for foreclosure defense. I think ProTitleUSA is marketing their product to attorneys but their report is different than what I visualize for reports created by local abstractors. First of all, the ProTItle report is national and I believe that evidence of local robosigned documents would be more compelling to local judges. Also I don't believe their report provides a listing of borrowers whose documents were robosigned by a particular robosigner.
Another market might be the people who are facing foreclosure and unaware the banks may have errors in their documents that might forestall or eliminate foreclosure.
Foreclosure investors might also be prospects. We do quite a bit of work for investors who buy properties before making bids on the courthouse steps. They may want to know if their purchase might be clouded by robosigners in the chain.
Finally, some lenders might have an interest. Some may have used robosigners but many may have unknowingly received a robosigned document in the chain and not been aware. They may want to make seek legal remedies or make corrections to protect their interest in the subject property.
These are just some of the ideas that have been bouncing around in my head. I'm hoping you and others here on SOT will jump in to expand on these or suggest other markets.
David Bloys
Davick Services
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