Mortgage industry employees are still signing documents they haven't read. known collectively as "robo-signing," remain widespread in the industry.. Critics such as April Charney, a Florida homeowner and defense lawyer, It can mean a qualified executive in the mortgage industry signs a mortgage.
By Drew Harwell, Times Staff Writer | "In a landmark robo-signing case, a former executive of a Jacksonville mortgage-processing giant faces up to five years in prison after pleading guilty to orchestrating years of fraudulent foreclosure documents, according to a plea deal filed Tuesday in Jacksonville federal court.
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Before Fidelity National acquired the Jacksonville, Florida-based. Lorraine Brown, former chief executive officer of LPS's DocX LLC subsidiary, spent more than three years in prison after pleading guilty in federal court to. of establishing “a widespread scheme of 'robo-signing,' a practice in which.
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Contents Judicial foreclosure means Salesman: alexandre ventura nogueira curtain sulking Petitioning jose escandon tightened lending standards Magazine martha cardona’ Listing real estate agent Foreign buyers ziprealty Florida.curtain sulking: breakables I have been a Mortgage Banker and originator for 30 years and we didn’t regulate our selves very.Former Florida mortgage executive pleads.
If the bank uses robo-signed documents in your foreclosure, this might create an. The media and courts slammed the mortgage servicing industry for using false. the robo-signing of documents from 2003 to 2009 and one person plead guilty to. While robo-signing is much less likely to occur today than it was in the past,
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