Robo-Signing

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 @WerlySportsLaw Absolutely agree. Though want it by natural pressure, not federal govt insertion into the issue in face of 1st Amendment
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JimWhiteGNV RT @VanessaBeeley: Rinse and repeat: 82 new US-trained Syrians prepare for fighting — RT Op-Edge https://t.co/bLREm1zfv4 @snarwani @navsteva
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bmaz @Prof_Holland @TAMULawSchool Yes, now send them to represent some indigent defendants, whether at trial or appellate level...or both!
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bmaz @WerlySportsLaw So, change the name and waive RGIII? Frankly, think Snyder too bullheaded and stupid to do either one.
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bmaz This is most common when county attys overcharge+overreach with sex crime defendants b/c they can. Usually cravenly works, sometimes not.
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bmaz @WALLACHLEGAL Agreed! All good anyway, and many would not know Clune's longer history (I may be getting old...).
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bmaz The Labrie/NH sex asslttrial produced a weird but not uncommon inconsistent verdict. Will be interesting to see how state ct judge sentences
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bmaz @WALLACHLEGAL And really, I have long known him from that and §1983 cases. It was a smaller group of us who did that at one time.
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bmaz @WALLACHLEGAL Hey, where did that other tweet go?!?! Anyway, just carping b/c Clune has done some great crim defense trial work
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bmaz @WALLACHLEGAL @RachelAxon Jeez, went through this yesterday - Clune far more than a Title IX+Winston accuser atty. Long time great litigator
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bmaz Texas, boy I don't know https://t.co/hqmv8s6XTk
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emptywheel @TimothyS Whatever the answer is it must be something extraordinary bc terrorterrorterror even if it makes more terrorterrorterror.
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August 2015
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