Robosigner Exec. has been indicted!!!!!!! [View all]
Feb. 7 (Bloomberg) -- 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 grand jury in Columbia, Missouri, 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, Chris Koster, the state’s attorney general, 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.”
Lender Processing, based in Jacksonville, Florida, says about half of all U.S. mortgages by dollar volume are serviced using its loan-servicing platform. The company will fight the charges, said Michelle Kersch, a Lender Processing spokeswoman.
http://www.businessweek.com/news/2012-02-07/lender-processing-unit-docx-indicted-in-missouri-for-forgery.html
136 counts, most of them felonies!
LPS created Docx to create, out of whole cloth, forged titles, notes, mortgages, for foreclosures, and was one of the first robo-signing outfits to be under suspicion.
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