Lorraine Brown

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 @MasaccioEW @michaelwhitney Um, you can root for Wisconsin and the Sparties you know.
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bmaz @kevinjonheller @armandodkos Well, I do watch The Good Wife, and it is a bit goofy on the law too. But unlike HTGAWM, it's well written.
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bmaz @armandodkos @kevinjonheller I watched one episode. Ugh.
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bmaz @armandodkos @kevinjonheller It is an absolutely horrible and unwatchable show.
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emptywheel @davidcnswanson LOL Was going to do a headline about shells and turkeys. But I already stretch my metaphors enough. @Thomas_Drake1
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emptywheel @DanaHoule Was pretty nice that was against Pitino.
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emptywheel @Thomas_Drake1 Right. If they're going to move under a new shell, have to tell us they're going "cold turkey" so we don't look for new shell
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JimWhiteGNV RT @SeanMcElwee: kinda interesting that the people complaining about "sharia law" are the ones trying to make us live under levitical law
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emptywheel @EricBoehlert FLYOVER RAWKS.
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JimWhiteGNV So if Louisville has lost the game on the scoreboard, are they really out of the tournament since they are coached by an undead?
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