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The Boston Globe

Business

Robo-signing firm agrees to pay $1.6 million to Mass.

Massachusetts is expected to get about $1.6 million from a Florida foreclosure processing company as part of a multistate settlement to resolve allegations the firm engaged in document “robo-signing,” Attorney General Martha Coakley said Thursday.

The company, Lending Processing Services Inc., and its subsidiaries, LPS Default Solutions and DocX, agreed to a $120 million accord with 46 attorneys general to settle claims of improper conduct related to foreclosure procedures, the attorney general’s office said.

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