LPS settles with Delaware AG over DocX loan documentation allegations

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LPS Settles DocX Robo-Signing Litigation with 46 States.. filed by the Attorney General of Nevada as the only unresolved issue.. more than 1 million improper mortgage documents. The former.

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The Justice Department statement explained that over a 6-year period ending in 2009, employees of DocX falsified signatures on mortgage-related documents. Brown and others at DocX were accused of directing authorized signers to allow unauthorized staff to sign and have documents notarized in order to increase profits.

Mortgage technology services provider Lender Processing Services ($30.61 0.47%) settled a major investigation launched by the Delaware Attorney General against its DocX subsidiary. The investigation, which centered around the firm’s loan document execution practices, ended with LPS agreeing to pay the state $150,000 in lieu of penalties and reimburse the Delaware AG’s office in.

WHEREAS, although LPS Default Solutions, Inc., and DocX, LLC, ceased providing document execution services to Examined Servicers in or around February 2010, LPS or subsidiaries of LPS continue to provide certain document execution services to statutory trustees

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Lender Processing Services, Inc. (LPS) reached a settlement with Colorado Attorney General John Suthers for $1.8 million over former document execution practices by LPS subsidiaries, DocX, LLC and LPS Default Solutions. About $500,000 will be used to reimburse fees and costs from the attorney general’s office.

DocX Settles with Delaware AG Over Document Execution Practices.. (LPS) subsidiary, DocX, reached a settlement with Delaware Attorney General Beau Biden, leading to the end of an investigation.

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LPS Settles With Missouri AG in Signing Errors Case. Koster obtained criminal indictments against DocX related to its alleged role in the mortgage-document surrogate signing scandal of 2010.

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