Attorney Linda Tirelli Defines Robo-Signing for Clueless Steven Mnuchin

It seemed like the Treasury Secretary doth protest a bit too much as a Shakespearean drama unfolded at a July 27th meeting of the House Financial Services Subcommittee . Steven Mnuchin, like some wayward damsel in distress, took deep umbrage at Representative Keith Ellison’s (D-MN) suggestion that he was anything but an honest, ethical banker; albeit one who headed up the hyper-controversial OneWest Bank.

The ghosts of banking’s past seemed to surface with a vengeance when the term “robo-signing” — a foreclosure short-cut liberally used by OneWest — was hurled his way by the Congressman. This, in turn, proved too much for the normally passive Treasury boss who decided, like Network’s, Howard Beale, he was angry, really angry and wasn’t going to take it any more.

In prickly fashion he loaded up his blunderbuss and unloaded some lead balls Ellison’s way:

Do you even know what Robo-signing is?

The die was cast and the stage set for a few minute’s worth of parrying, ducking and sparring. Ellison, citing the documented work of OneWest robosigner Erica Johnson-Seck in helping to expedite the foreclosure process, was met by Mnuchin’s spiteful refusal to accept this truth.

Earlier on, and without any prompting from the committee, the Treasury Secretary had also surfaced a bit of Hamlet-style guilt; offering this pronouncement:

I take great offense to anybody who calls me the foreclosure king,

His anger towards Ellison was so palpable that Representative Maxine Waters (D-CA) asked the Treasury Secretary to apologize.

Mnuchin refused to back down; instead, donning a Crown of Thorns, he portrayed himself as an innocent being lead to the slaughter.

I’m not apologizing to anybody because robo-signing is not a legal term and I was being harassed

This got me thinking: why not test the veracity of the Treasury Secretary’s statement by running it by an old acquaintance, Linda Tirelli, a bankruptcy attorney in White Plains, N.Y., who knows a great deal about the subject. In a 2012 post for American Banker I referenced her keen sense for sniffing out fraudulent foreclosure documents.

In my opinion — and in this realm — she ranks as a lawyer of Wonder Woman stature.

Seeing this as a teachable moment Tirelli graciously offered to respond directly to the Treasury Secretary:

Secretary Munchin: I do know what robo-signing is and while you don’t think it’s a “legal” term all you need to do is enter the term “robo-signer“ into a search engine and, lo and behold, discover it’s a widely used and accepted term found in legal documents, deposition transcripts, and judicial opinions throughout the country.

I’ve spent the last ten years of my legal career calling out the systemic fraud that is robo-signing; a practice that’s been adopted as a “business as usual model” by the largest financial institutions in our country.

Just for fun, Secretary Munchin, please Google “Linda Tirelli robo signer” and you’ll find no less than eight hundred and forty hits highlighting my work as a consumer advocate exposing the fraud that is robo-signing and document fabrication.

Next: Google “Steven Mnuchin robo signer” and you’ll come up with nearly the same number of results; essentially, pointing out your rationalizing the practice.

Some background: falsified documents are routinely robo-signed by low-income wage earners trying to make ends meet. In depositions (I dare you to ask me for transcripts) they freely admit that they aren’t the person whose name is on the document, be it the VP of CitiBank, Bank of America, Wells Fargo,Chase or any other financial institution, Many admit to signing or notarizing hundreds of documents per day.

In one case involving Bank of America I discovered three robo-signed documents purporting to assign a homeowners note and mortgage and it was signed by the same person, David Perez, on the same day, in front of the same notary; with the signatory claiming to be a Vice-President with authority to sign as an agent for three different banks. In fact — not mentioned in any of these assignments — was he was working for just one bank: the aforementioned Bank of America.

Linda Tirelli
David Perez, GFI Mortgage Bankers, Inc.

Linda Tirelli
David Perez, Weichert Financial Services

Linda Tirelli
David Perez, Countrywide Bank, NA

I was also instrumental in uncovering the Wells Fargo Attorney Foreclosure manual. Have you read it Secretary Mnuchin? I’ve got twelve different editions if you’re interested and only one has been made public. It isn’t very long but it reads like a blueprint for fraud. There’s no provision in this manual that allows Wells Fargo lawyers to admit any wrong-doing no matter how legally defective they find the documentation to be. The manual simply white washes any notion that Wells Fargo may not have the right to enforce a mortgage lien or foreclose on a property.

I no longer count how many cases I see involving fraud against unsuspecting homeowners. Just to remind myself that a fraudulent document I’m reading is just that I went on-line and for $9.99 bought my own rubber stamp (with a red-ink pad).

What does it say? “WTF!” in big letters.

Now, before you dismiss me as a fanatic Hillary supporter, let me disabuse you of that notion. I don’t wear pussy-hat caps nor Birkenstocks and I don’t scarf down granola. I’m not a bleeding heart liberal. I’m a well educated lawyer and successful business owner who is also a registered Republican and Trump supporter. I call it like I see it and as I see it the Mega-Banks and servicers sold out and gave up any semblance of integrity. They went down the very wrong path of lies and deception and, in the process, wreaked havoc with Main Street. As a hard working conservative, I come from a place where I acknowledge a problem when I see it, and do whatever I can to fix it.

Secretary Mnuchin: pull your head out of the sand and admit the problem of robo-signing exists and persists. Stand up to those who want to give the financial services industry a free pass — like former AG, Eric Holder — allowing them to buy their way out of jail with some “settlement money.” As recent history demonstrates, that does nothing to fix the problem.

I encourage you to take a stand and hold the corporate blood sucking thieves accountable. I’m not a proponent of over-regulation because I believe it does hurt smaller local banks and credit unions. However, I do want the sleazy predatory Mega-Banks — the ones that continue to engage in practices like robo-signing — to be held accountable and, for Pete’s sake, let’s stop trying to emasculate the one Federal agency that is the consumer’s watch-dog: the Consumer Financial Protection Bureau (CFPB).

As far as taking offense at being called a “Foreclosure King?” Grow up. Your July 27th appearance before the House Financial Services Committee made you look like a pompous jerk.

Wipe the smirk off your face, roll up your sleeves and go do something to restore Main Street’s confidence in our financial institutions.

If you need further input and suggestions I might be able to find some time in my schedule.

Joel Sucher, along with Steven Fischler, is a founder of Pacific Street Films (note: check out the new website) and has written for a number of platforms including American Banker, In These Times, HuffPost and Observer. com. Sucher is currently working on a memoir, An Outsider’s Guide to Inside Goldman Sachs.

15 Responses

  1. Way to go Linda we need more of you

  2. Most of these robo signatures look like one letter or something like zero. Who would sign something like that?

  3. Because no real person would sign off on all that crap, the list goes on and on. The municipalities go googly-in-the-knee’s when they see a bank name on anything and as far as I am concerned, they are the one’s who should be paying.

    Make it a Great Day.

    Scott Thompson

  4. Reblogged this on Deadly Clear and commented:
    Make it simple. Robo-signing is forgery. Forgery is a legal term. Hiding GSEs as real party in interest is fraudulent concealment and also a legal term. If Mnuchin understood the rule of law surely he would not have knowingly participated in this corruption. On the other hand, if he knew… well, couldn’t that play the “intent” card? No wonder he got huffy.

  5. I had a staff of 15 allowed to sign my name on the assignment and blank endorsement for warehouse lenders only That assignment is stale dated at 180 days from HUD I Clueless

  6. none sense I was a mortage banker


  8. Papergate — need to go further — and ASK – WHY ROBO SIGNED? WHY?

  9. aaah poor wittle munchkin being bullied – linda you’re soo mean – NOT!!! You kicked butt and put politics in a basket!! Good show Linda, Brava!

  10. The problem is — the Democrats can disclose all. But, they are handcuffed by what was already done. We are trapped. See Mr. Dayen’s article. You can’t attack the current administration, when the past administration covered up. ALL are to blame. We need more of the Keith Ellisons.

  11. Shadowcat — you are asking the right questions. ROBO-SIGNING? WHY??? Why was ROBO-SIGNING even necessary? Trace the path.

  12. Ouch !!
    That was one Big Bite !!!
    Take A Bite Out of Crime …That’s My Motto !

    But when you are Too Big to Fail…Our Government will let you operate without punity and with immunity .

    The Magic Question….
    What did they do to require such a massive cover up???
    Robo Hobo….look into the Mirror, Who do you see?
    Do you see Jane ordo you see JANE?

  13. What we see here, is the buck passed. From one administration, to the next, both of which, do not give a damn, Much thanks to Keith Ellison.
    One of few who rightfully refuses to let these issues die. As to Ms. Tirelli, agree with Neil, she is one heck of an attorney. But, we need more, we need you to go Washington and describe what has been uncovered, and ignored, on behalf of ALL who have suffered ROBO Signing fraud. Robo signing fraud is not the CAUSE of the fraud, it is the EFFECT. We needed you, and all, to come forward to inform Congress of what really went on, We need you, and all others in your position, to come forward, today, to inform THIS administration of the last administration’s cover up. Had it not been covered up, Mr. Mnuchin would not be in his position today. I am tired of hearing that the foreclosure fraud is “buried.” All, eventually, comes to surface. Problem is that it will be too little too late for most. Ms. Maxine Waters is in a position to receive information. If one is not from the state of California, information will not go to her. Ms. Tirelli — go before Congress, the Financial Services Committee, and thank you for your work. To all others, contact your representative. There are many that are willing to speak on behalf of ALL. Gain access, if you are in CA, to Ms. Waters, to help ALL gain access to her.

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