False Statements – Lender Processing Services, Inc.

Lender Processing Services, Inc. Action Date: October 5, 2010 Location: Jacksonville, FL On October 4, 2010, Lender Processing Services, a company that is an integral part of the foreclosure process in most states, issued a press release to correct press “mischaracterizations.” The LPS press release was factually inaccurate. LPS claimed that only two lenders/servicers were … Read more

Naked Capitalism – Multi-Billion-Dollar Class Action Suits Filed Against Lender Processing Services for Illegal Fee Sharing, Document Fabrication; Prommis Solutions Also Targeted

Multi-Billion-Dollar Class Action Suits Filed Against Lender Processing Services for Illegal Fee Sharing, Document Fabrication; Prommis Solutions Also Targeted Welcome to our new readers from the FCIC. Lender Processing Services, a crucial player in the residential mortgage servicing arena, has been hit with two suits seeking national class action status (see here and here for … Read more

Psst. Hey you, yea, you. I got just what you need. Lender Processing Services’ DOCX Document Fabrication Price Sheet

Cure Defective Mortgage $12.95 + TPC ~ Create Lost Note Affidavit $12.95 + SH ~ Create Note Allonge $12.95 + SH ~ Create Missing Intervening Assignment $35.00 + TPC ~ Cure Defective Assignment $12.95 + TPC ~ My Favorite ~ Recreate Entire Collateral File $95.00 + TPC ~ Ummmmm…. Wow… From the Catalog… DOCX’s GetNet™ … Read more

Can it be True? Fraud Digest – Mortgage Fraud JPMorgan Chase Barbara Hindman et al

Chase Home Finance, LLC Whitney Cook Beth Cottrell Stacy Spohn Christina Trowbridge JPMorgan Chase Washington Mutual Bank Margaret Dalton Barbara Hindman Lender Processing Services Long Beach Mortgage Action Date: September 30, 2010 Location: New York, NY On September 29, 2010, financial giant JP Morgan Chase announced it was suspending 56,000 foreclosures because its documents may … Read more

Toxic Titles Part Deux – Linda Green of Docx (et al?) Did NOT Have Signing Authority on Behalf of MERS

TOXIC TOXIC TOXIC TOXIC TOXIC TITLES TITLES TITLES TITLES Oh oh… This could be bad… Back in August I published this report that Linda Green did not have signing authority on behalf of (MERS). Now the interesting thing is it wasn’t a “deadbeat homeowner”, a “loose cannon consumer advocate” or a “sleazy foreclosure defense attorney” … Read more

Washington Post – Ally’s mortgage documentation problems could extend beyond 23 states

So yesterday I get an email from the Washington Post requesting some documents that Jeffrey Stephan signed in NON-Judicial states, since they are only halting their proceedings in 23 states, and sent some over… This morning I get a “Thank You Again!” from the reporter over at the post with a link to their latest … Read more