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 Et tu Vicente Fox?? https://t.co/dT5UfC0ICJ
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JimWhiteGNV RT @mycbs4alicia: It's a full house for the swearing in ceremony for Lauren Poe and Adrian Hayes-Santos @mycbs4 https://t.co/1A1fJxoW5Z
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bmaz @ScottGreenfield @clsesq Well, I'm a dick, and I am here....
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bmaz @ScottGreenfield @clsesq You are citing me shit from 2 days ago regarding courts here on this?? Grrrr, let me go find it for you......
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bmaz @ScottGreenfield @clsesq There are now no charges as far as I am aware.
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bmaz @ScottGreenfield @clsesq Uh, this was a function of cops. The felony prosecutor declined+sent back to city for misd, which then declined.
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JimWhiteGNV Feliz Cinco de Taquito! https://t.co/6tWRTSXNin
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bmaz @veroderugy @normative In Senate?? He has 6 months left+never did anything there to start with. Prob unelectable at this point.
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bmaz Though, honestly, not sure Castro or Kaine as VP running mate is overall any better ideologically than now declared Trump supporter Sandoval
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bmaz So maybe the suggestion that Clinton tab Sandoval as a "unity" choice for VP was a little off base... https://t.co/XyjR2zu7XZ
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