David Dayen writes in the New Republic:
OneWest accomplished these foreclosures through fraud. Erica Johnson-Seck, a vice president of foreclosure and bankruptcy for OneWest, explained in a July 2009 deposition that she “robo-signed” 6,000 foreclosure-related documents per week, spending just 30 seconds on each sworn affidavit that attested to the veracity of all relevant information in the case. Johnson-Seck admitted to not reading the documents before signing them, to not knowing how the records were generated, and to not signing in the presence of a notary, all of which made the affidavits she signed false evidence in court.
As a layperson it seems to me like there are laws against giving false sworn evidence at court. Those laws that call for criminal punishment when a person breaks it. Is there a legal reason why Erica Johnson-Seck and similar bank officials who engage in those practices haven't faced criminal prosecutions?