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mortgage fraud

mortgage fraud

courtesy MLive
courtesy MLive
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Fmr Mortgage Processor President to Serve 40 Months to 20 Years for Role in Robo-Signing Fraud

On Friday, Michigan Attorney General Bill Schuette announced that Lorraine Brown, former president of mortgage document processor DocX, was sentenced to 40 months to twenty years in prison on one count of Conducting Criminal Enterprises (Racketeering) for her role in authorizing the fraudulent signing of mortgage documents filed in Michigan

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courtesy A. G. Bill Schuette
courtesy A. G. Bill Schuette
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Schuette, Dillon Announce Settlement with Bear Stearns, Deloitte & Touche

Michigan Attorney General Bill Schuette and State Treasurer Andy Dillon have announced a federal judge has granted preliminary approval to Michigan's proposed national class action securities fraud lawsuit against Bear Stearns and Deloitte & Touche. Un

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Getty Images
Getty Images
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Another Subpoena Issued in Criminal Probe of Mortgage Processors

Michigan Attorney General Bill Schuette announced today that he has issued a second criminal investigative subpoena against national mortgage servicing support provider DocX as his office continues to investigate questionable mortgage documentation filed with Michigan's Register of Deeds offices during the current foreclosure crisis

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