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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

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bmaz @barryeisler @jayrosen_nyu Here is the full glory of Fineman's timeline before the deletion: http://t.co/jfDhYHbwaE
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bmaz @ClaraJeffery nearly 30 years in and around criminal law seems to point clearly to the former.
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bmaz .@JesselynRadack I don't see why. Evidence is that @paulabroadwell's own neurotic obsession with+invasion of Jill Kelley caused own downfall
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bmaz Paper, plastic or Ducey bag? http://t.co/tEWs7SPl2v Uh so theres an IndieGoGo to help make reusable Doug Douchebags https://t.co/2SnrMC0HAI
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bmaz @yeselson @sbagen @LemieuxLGM Either way, what an ugly deal. Frankly, Smith is unwatchable even were it not for his roaring misogyny.
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bmaz @michaelbkiefer @dbaich @azcentral Excellent. I knew Dale was deeply involved, but didn't know if going. Have fun and good luck.
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bmaz @dbaich @michaelbkiefer @azcentral Either of you guys going to O/A's?
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bmaz @banditelli @JoshuaHol The Smoke Vault "looks" awesome though!
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bmaz RT @radleybalko: Police union buys billboard to support cop with 200 pages of citizen complaints, and who shot 2 people in 10 days. http://…
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bmaz RT @normative: Ironically, untrue: Buzzfeed skipped WHDC & was covering actual news from Baltimore. https://t.co/UOqcWhZGBw
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bmaz RT @KenRoth: If Obama apologized each day for a civilian killed by a drone, it would take him three years. http://t.co/vToVP9ooTD http://t.…
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April 2015
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