GRAND RAPIDS (WWJ/AP) – The former president of a mortgage document processing company has been sentenced to up to 20 years in prison on a racketeering charge in a Michigan case. Lorraine Brown.
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(Reuters) – A former executive at a mortgage records company pleaded guilty on Tuesday to a scheme to file fraudulent documents used in foreclosures, a rare prosecution of a top-level employee.
Her case is one of the rare criminal prosecutions of a top mortgage executive stemming from the recent housing crisis. Prosecutors accused Brown of implementing fraudulent signing practices, including.
Prosecutors Say Florida AG Fired Them For Going After Mortgage Lenders Former florida mortgage executive pleads guilty to widespread robo-signing. brown was fired soon after. But in 2010, Brown repeated her ignorance of the "surrogate signing" practice, attorneys.
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Former Florida mortgage executive pleads guilty to widespread robo-signing Former LPS executive pleads guilty to fraud – Jacksonville. – Lorraine Brown, a former executive of Lender Processing Services Inc., pleaded guilty Tuesday to robo-signing more than a million mortgage-related doc.