Like rivals, the bank faces claims that it used shoddy documents in foreclosure proceedings that might have led to wrongful evictions.
In January 2010, Hong Kong-based English newspaper The Standard reported that writer Tan Zuoren attempted to document shoddy construction that may have led to massive casualties in schools, was sentenced to in prison ostensibly for his writing an article in 2007 in support of the pro-democracy movement in 1989.
Wall Street turned to MERS to speed securitizations (and now foreclosures), but its legal standing is now in doubt and its shoddy processing of documents has major ramifications for the securitization process as well.
The cloud reporting documents were thorough enough to weed out any shirkers who thought they might get away with shoddy cloud observations, although documenting the observations and submitting them online took about half an hour and were easy to do.
Both banks continue to wrestle with federal authorities over claims they wrongfully evicted homeowners after using shoddy, flawed or inaccurate documents in foreclosure proceedings.
But as a scandal unfolds over mortgage lenders' shoddy preparation of foreclosure documents, the fallout is beginning to hammer the housing market, especially in states like Florida where distressed properties are abundant.
The social impact of families living in shoddy temporary housing is well documented, from poor educational attainment to health problems.
More conservative scholars said that wide access to the documents was attracting shoddy research that could jeopardize years of careful, tedious work.
It follows months of sharp criticism of the mortgage foreclosure process, which produced an uproar last year over shoddy paperwork and possible forgeries of legal documents by banks, other lenders or their representatives.
Tuberculous ran rampant in the schools thanks in large part to shoddy ventilation and healthcare in the schools, documented by reports warning of these conditions dating back to 1906.
