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Lender Processing Services has filed a motion to dismiss charges made by Nevada Attorney General Catherine Cortez Masto against the company and two subsidiaries for fraudulent business practices.
January 31 -
With all the twists and backroom turns, government officials quest for a settlement and restitution from banks and mortgage servicers is starting to resemble a 1960s screwball comedy.
February 1 -
A former housing counselor from New York has been sentenced to six years in prison for defrauding homeowners who sought her help in obtaining a mortgage modification, authorities said.
February 3
DocX LLC, a unit of Lender Processing Services Inc., was charged in Missouri with forgery and making a false declaration related to mortgage documents it processed.
A Boone County grand jury handed down the 136-count indictment against DocX and founder Lorraine Brown alleging that a person whose name appears on 68 notarized deeds of release didn’t actually sign the paperwork, Missouri Attorney General Chris Koster said in a statement yesterday.
"When you sign your name to a legal document, it matters," Koster said. "Mass-producing fraudulent signatures on millions of real estate documents across America constitutes forgery."
LPS, based in Jacksonville, Florida, says about half of all U.S. mortgages by dollar volume are serviced using its loan-servicing platform.
Michelle Kersch, an LPS spokeswoman, didn’t immediately return phone and e-mail messages seeking comment on the indictment. The indictment was
