Guilty Plea Comes in 'Robo-Signing' Scandal
BY NICK TIMIRAOS
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., of Jacksonville, Fla., pleaded guilty to a scheme to prepare and file more than one million fraudulently signed and notarized mortgage-related documents.
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., of Jacksonville, Fla., pleaded guilty to a scheme to prepare and file more than one million fraudulently signed and notarized mortgage-related documents.
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