A pension fund is suing foreclosure-services giant Lender Processing Services, a key player in the robo-signing mortgage mess, for fraud.
Continue reading Lender Processing Services Sued by Shareholders for Fra…
This week, the Congressional Oversight Panel recommended that the nation’s big banks be stress tested again, because if problems with mortgage-backed securities are widespread, the consequences could be dire. Now, the Fed has a…
Depositions by three employees of Nationwide Title Clearing describe a factory-like process that’s awful to look at. But Nationwide defends the system as being benign as sausage-making — and that it’s standard industry practic…
That would be in California, Texas and 25 other states where the lender doesn’t have to go to court to foreclose. Except in rare instances, lenders can use fraudulent paperwork with impunity in those states. A closer look at C…
The Florida attorney general’s office has subpoenaed Lender Processing Services, which handles many foreclosure documents, as part of its investigation into potentially flawed foreclosure paperwork.
Continue re…