UPDATE: From the press conference this am– This is about DocX criminal charges and Lorraine Brown, former Founder-President of DocX faces up to 20 years. AG Schuette’s office is still working on the arraignments.
Michigan Attorney General Bill Schuette is holding a press conference Monday at 11 am to announce criminal charges in a significant case involving the mortgage foreclosure crisis.
H/T Click on Detroit
Recap:
FLORIDA: INDICTMENT & PLEA AGREEMENT | Lorraine Brown, Former Founder-President of DOCX Pleads Guilty
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http://deadlyclear.wordpress.com/2012/09/29/define-responsible-homeowners-please-an-open-letter-to-president-obama/#more-2928
http://en.wikipedia.org/wiki/Wall_Street_and_the_Financial_Crisis:_Anatomy_of_a_Financial_Collapse