DocX

How Obama’s DOJ Sold Out American Citizens In the Robo-Signing Criminal Plea

Yesterday afternoon there was a critical guilty plea entered in the ongoing robo-signing mess that lies beneath the festering mortgage crisis.

The former executive of a company that provided documentation used by banks in the foreclosure process pleaded guilty to participating in a six-year mortgage-forgery scheme.

The deal announced Tuesday by the Department of Justice represents one of the only successful criminal prosecutions resulting from the “robo-signing” scandal that surfaced two years ago.

Lorraine Brown, 56 years old, of Alpharetta, Ga., who is a former executive of Lender Processing Services Inc., LPS of Jacksonville, Fla., pleaded guilty to a scheme to prepare and file more than one million fraudulently signed and notarized mortgage-related documents.

A criminal guilty plea to straight on systemic fraud like this (here are the pleas documents) ought to have far ranging consequences for home and mortgage holders, not to mention local county recorders, whose quiet title and fee income, respectively, were damaged by the fraud, or at least so you would think.

A long time attorney involved in the field of mortgage fraud, Cynthia Kouril, writing at Firedoglake, laid out well the paths to recourse plaintiffs damaged by this fraud should have:

At the end, I said that this could be a game changer. In the comments, folks thought that was a reference to the fact that for once we have a Continue reading

Emptywheel Twitterverse
bmaz @billmon1 @jaolson28 ...for Sanders. Few more like that, and with Sanders econ message, it is possible there's some movement. Dunno.
4mreplyretweetfavorite
bmaz @billmon1 @jaolson28 Well I live where Hispanics are a healthy demo, and they are still pretty much Clinton. But Raul Grijalva is big catch
5mreplyretweetfavorite
bmaz @billmon1 @jaolson28 Agree. And if Sanders keeps making inroads with non-whites, which is entirely possible, she might be in real trouble.
9mreplyretweetfavorite
bmaz @Pachacutec_ @billmon1 @jaolson28 That Clinton way. But that will really piss off Sanders youth+movement people who'll be needed for general
18mreplyretweetfavorite
bmaz @billmon1 @jaolson28 Though I do suspect there is still some truth that the POC vote gives her a firewall in south and southwest.
21mreplyretweetfavorite
bmaz @AlGiordano I'll work on that.
23mreplyretweetfavorite
bmaz @billmon1 @jaolson28 But that is so Clinton isn't it? She lashed out when she could have moved toward Sanders stronger.
24mreplyretweetfavorite
bmaz @AlGiordano My apologies then; most every other Clinton supporter said differently.
27mreplyretweetfavorite
bmaz @billmon1 @jaolson28 Whatever the reason or reasons, and even if it is off slightly, the movement is pretty darn stunning.
31mreplyretweetfavorite
bmaz RT @billmon1: .@jaolson28 Get this: Looks like almost entirely white female voters who've shifted. Sanders goes from tied among them to abo…
33mreplyretweetfavorite
bmaz RT @billmon1: Have some confirmation on Quinnipiac poll from this morning. Reuters/Ipsos: Clinton: 48 Sanders: 45 Seems to be real https://…
34mreplyretweetfavorite
February 2016
S M T W T F S
« Jan    
 123456
78910111213
14151617181920
21222324252627
2829