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CME, for its part, has said that MF Global may have intentionally produced inaccurate documents related to customer accounts.
The review is part of a broader crackdown by regulators on sloppy, inaccurate documents used in foreclosure proceedings.
Consumers have paid the price, it continued, "through bankruptcies, evictions and foreclosures that were predicated upon false, forged, fraudulent and/or inaccurate documents".
Justice is in doubt when our courts order foreclosures that may be based on inaccurate documents, as the robo-signing scandal revealed.
The firm found "something didn't happen that needed to be fixed," he explained, and then, according to court documents, it prepared inaccurate documents to fill in the gaps.
Both banks continue to wrestle with federal authorities over claims they wrongfully evicted homeowners after using shoddy, flawed or inaccurate documents in foreclosure proceedings.
Similar(45)
Diane forgot to tell me about the letter writing campaign she had launched against Mayor Bellamy accusing Bellamy of compiling an incomplete and inaccurate document.
He disputed accusations, made by hundreds of borrowers in multiple states, that the company had sought to collect inflated fees and other payments by filing inaccurate bankruptcy documents.
According to a former BP subcontractor, Kenneth Abbott, Atlantis was operating with incomplete and inaccurate engineering documents.
But there have been other instances in recent years in which lawyers have been accused of submitting false, inaccurate or incomplete documents in foreclosure-related proceedings so as to churn through cases and collect fees.
Federal regulators are poised to crack down on eight financial firms that are not part of the recent government settlement over home foreclosure practices involving sloppy, inaccurate or forged documents.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com