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Prince William Residents Blame Robo-signing For Rash Of Foreclosures

Prince William Residents Blame Robo-signing For Rash Of Foreclosures

Wednesday, September 21, 2011
WAMU Radio

Prince William County has the highest rate of foreclosures in Virginia, and residents of one neighborhood who blame the foreclosure rate on the practice of 'robo-signing,' are demanding accountability from the banks and an investigation by state officials.  At the height of the foreclosure crunch, approximately 25 percent of homes in the Georgetown South development in Manassas were foreclosed and vacant.