Lender Processing Services

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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emptywheel @ericgeller Probably not. She's got a very weird double standard on things, such as w/her concern abt domestic drone privacy.
emptywheel @Vyan1 Did not know that detail! Did you write that up?
emptywheel @ericgeller Right. If, say, Tammy Baldwin chaired SJC Jim Comey might have to explain himself. But not under this Congress.
emptywheel @Vyan1 Whereas for Muslims looking for such a network is presumed.
emptywheel @Vyan1 Right. I think what I'm remembering is they didn't look backwards towards her and others until years afterwards.
emptywheel @Vyan1 Am I wrong that they didn't go looking in Roeder's case?
emptywheel @ericgeller They do focus on right-wing extremists, some. Just don't do same network analysis all the time, don't have same pull.
emptywheel Frazier Glenn Miller was TREATED as network for Kevin Harpham, but not surveilled. https://t.co/Y9q3P1pzkC https://t.co/EvONTxzni7
emptywheel Scott Roeder was actually part of a network. But they didn't think to look for it until years after Tiller killed. https://t.co/WHNObFRIRn
emptywheel @zackwhittaker I suspect there are some targeting considerations that this attack might refocus.
emptywheel RT @DanaHoule: BTW, completely possible this shooter ends up charged with a crime that carries the death penalty. Which itself would be an …
emptywheel @zackwhittaker FWIW, it wouldn't be asked to, but FBI has its own very extensive surveillance that would which we could raise real Qs abt.
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