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.
Comments
Nice job Martha! People loose their houses and you collect 1.6M $ for fraud. The cost of 3 moderate size housesto represents. I guess you spend all your time and money on public corruption instead of the people who fund your campaigns. Could you and your little face just go away..
What’s the big deal? Our peoples choice President does it all the time. Does this case indicate that the POTUS is guilty of fraud?
“Fabricating signatures, or robo-signing, real estate documents is a serious violation of state law and puts homeowners at risk of fraud,”
Why are we settling for a fine on a serious violation of state law?