has been turning up with robo signatures signed and put through without anyone really reviewing the case. banks are rechecking many of those documents, though, and admit they ve barely gotten through 1% of the cases. that s not good. that s crazy. meanwhile, speaking of not good, take a look at this. video for you this morning. apparent tornado has left a mess in central illinois. twisters spawned by that huge storm system we told you about yesterday. some say it is the largest storm the midwest has seen in 70 years. and look at the mess they got to pick up today. and trick or treat will come with snow shoes in the western half of colorado. 18 1/2 inches of new snow on the ground in high country. travelers are miserable but the ski resorts are obviously delighted. that looks like fun right there. wow, can you believe it s already ski season again? and brian, you ll talk a little basketball as well. yeah. so much you sound surprised.
foreclosures from what s being called as robo signatures, in one case, j.p. morgan chase, 18,000 documents, all signed by eight people in a month s time. it means no one is reviewing those documents. at the end of the day although they re going to stop and review the legal documents, is anyone in foreclosure going to keep their home? most likely not. eventually the foreclosures will go forward. jenna: let s pick up on that. a lot of people as you mentioned have been foreclosed upon or maybe in neighborhoods where you see foreclosed homes, how much time is it going to take to work through this? that s the question nobody knows. looking at it this way. we have an inventory houses right now according to the national association of realtors, 11.6 months of supply, that s double what it would normally be, a third of the homes sold recently were foreclosed properties. well, those properties now, which are in foreclosure, which will not be cleared, which means the inventory will continue to