English Dictionary

robo-signing

noun

(business) Approving or ratifying a document without reviewing it / (law) Initiating a foreclosure or other legal procedure without knowledge of the facts attested

Robo-signing is a practice where mortgage lenders and banks sign foreclosure documents without reviewing them.

意味（1）

(business) Approving or ratifying a document without reviewing it

But, what is robo-signing? How does a mortgage get to that point?

意味（2）

(law) Initiating a foreclosure or other legal procedure without knowledge of the facts attested

The court determined that the practice of multiple foreclosure filings without sufficient documentation of the title and often with inaccurate affidavits – the so-called robo-signing phenomenon – was not acceptable.