Gretchen Morgenson: DocX Founder Pleads Guilty in Foreclosure Fraud

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Gretchen Morgenson: DocX Founder Pleads Guilty in Foreclosure Fraud

Gretchen Morgenson: DocX Founder Pleads Guilty in Foreclosure Fraud

Few follow ups:

How exactly did they correct over 1 million documents?

What a bout the forgeries coming out of LPS in Minnesota?

What will happen to all the investor lawsuits/investigations against LPS?

What will happen to former LPS CEO’s who knew this was going on back in 2009 but did not alert anyone, especially their investors?

What happens to all the people who were damaged by these documents?

What happens to the two ousted former FL Assistant AG’s from Florida, June Clarkson and Theresa Edwards, who were fired for investigating LPS?

NYT-

The founder and former president of DocX, once one of the nation’s largest foreclosure-processing companies, pleaded guilty on Tuesday to fraud in one of the few criminal cases to have arisen out of the housing crisis.

The executive, Lorraine O. Brown, 56, entered a guilty plea in federal court in Florida and a plea agreement in state court in Missouri related to DocX’s preparation of improper documents used to evict troubled borrowers from their homes. Ms. Brown’s guilty pleas will lead to a prison term of at least two years, the Missouri attorney general said.

[NEW YORK TIMES]

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CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

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One Response to “Gretchen Morgenson: DocX Founder Pleads Guilty in Foreclosure Fraud”

  1. Stupendous Man - Defender of Liberty, Foe of Tyranny says:

    Follow up questions 2 and 4 are, IMHO, the most important.

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