Signing documents without reading them, as in the practice of banks and mortgage lenders whose foreclosure proceedings have been halted because the papers were signed without proper review.
Ex. 1:
Banker 1: "There's no way we'll get these foreclosures processed in time to make our numbers for this quarter."
Banker 2: "Don't worry, we can pull the associates in for a marathon of robosigning."
Ex. 2:
Dude 1: "Dude, someone just dinged your rental car. I hope you got the full coverage!"
Dude 2: "Dude, I don't know: I robosigned the application!"
Banker 1: "There's no way we'll get these foreclosures processed in time to make our numbers for this quarter."
Banker 2: "Don't worry, we can pull the associates in for a marathon of robosigning."
Ex. 2:
Dude 1: "Dude, someone just dinged your rental car. I hope you got the full coverage!"
Dude 2: "Dude, I don't know: I robosigned the application!"
by blakesflakes October 4, 2010
The illegal practice of signing off on real estate foreclosure documents without verifying the information within. This is done by persons in the finance and housing industries to speed up the process of foreclosing homes.
A few major banks are under investigation for alleged robosignings, which could result in fraud charges.
by brianbbad October 4, 2010
It was easy to get my lunch expensed - I just put it in a stack of letters my manager was robosigning.
by ImportantHousecat October 5, 2010
It was easy to get my lunch expensed - I put the receipt in a stack of letters my manager was robosigning.
by ImportantHousecat October 5, 2010