Coats Schmidt, P.A.Coats Schmidt, P.A.Coats Schmidt, P.A.Coats Schmidt, P.A.
CALL US: 727-456-4462
  • Home
  • Attorney Information
    • Jon B. Coats Jr.
    • Ryan Schmidt
    • J. Patrick Walsh
    • Martha Bolton
    • Alexis Moore
    • Kimberly Sproat
    • Amanda Drummond
  • Practice Areas
    • Business Litigation and Transactions
    • Concierge Legal & Advisory Services
    • Corporate Intelligence & Due Diligence Investigations
    • Condo & HOA Representation
    • Real Estate Litigation and Transactions
    • Probate, Wills, Trusts and Estate
    • Commercial Loan Documentation
    • Landlord / Tenant
    • Foreclosure Defense
  • Resources
  • Blog
  • Contact Us

Former Florida mortgage executive pleads guilty to widespread robo-signing

    Home Business Law Former Florida mortgage executive pleads guilty to widespread robo-signing
    NextPrevious

    Former Florida mortgage executive pleads guilty to widespread robo-signing

    By joncoats | Business Law, Commercial Law, Corporate Law, Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law, Short Sale, Uncategorized | Comments are Closed | 30 November, 2012 | 1

    By Drew Harwell, Times Staff Writer |

    “In a landmark robo-signing case, a former executive of a Jacksonville mortgage-processing giant faces up to five years in prison after pleading guilty to orchestrating years of fraudulent foreclosure documents, according to a plea deal filed Tuesday in Jacksonville federal court.

    Lorraine Brown, who headed a Georgia processing firm, DocX, that earned tens of millions of dollars off the foreclosure crisis, admitted to coaching employees to falsify signatures in order to speed up foreclosures and boost the firm’s profits.

    DocX, a subsidiary of Jacksonville-based Lender Processing Services, was closed in 2010 after evidence of the fraudulent practices came to light.

    But the firm’s filings, which prosecutors said totaled more than 1 million forms between 2003 and 2009, still serve as the official backbone for bankruptcies, court proceedings and foreclosures in Tampa Bay and across the country.

    Brown, who was charged with conspiracy to commit mail and wire fraud, was one of the first executives hit with a criminal indictment tied to the robo-signing scandal.

    She faces a maximum sentence of up to five years in prison and a fine of up to $250,000. Her sentencing date has not been set.”

    Find the full story here…

    Defense of homeowners and real estate investors in foreclosure actions, defenses available in almost every foreclosure, delinquent on mortgage help, DocX, facing foreclosure of your rental property, foreclosure crisis, Foreclosure defense, foreclosure law info, foreclosure lawyer pinellas park fl, foreclosure process legal help, Former Florida mortgage executive pleads guilty to widespread robo-signing, jon coats law, jon coats pinellas real estate law, jon coats real estate lawyer, real estate legal help st petersburg florida, real estate legal help tampa florida, real estate litigation, real estate litigation pinellas florida, real estate litigation pinellas park fl, robo-signing case, Short sales help pinellas florida

    NextPrevious

    Coats Schmidt, P.A.

    4055 Central Avenue
    St. Petersburg, Florida 33713

    Tel 727-456-4462
    Fax 727-456-4463

    Counties Served

    • Pinellas County
    • Hillsborough County
    • Pasco County
    • Polk County
    • Manatee County
    • Sarasota County
    • Citrus County
    • Hernando

    Quick Links

    • Jon B. Coats Jr.
    • Ryan Schmidt
    • J. Patrick Walsh
    ©2018 Coats Schmidt, P.A. All Rights Reserved.
    • Alexis Moore
    • Amanda Drummond
    • Attorney Information
    • Bankruptcy Representation
    • Blog
    • Business Incorporation
    • Business Litigation & Transactions
    • Business Litigation and Transactions
    • Commercial Loan Documentation
    • Concierge Legal & Advisory Services
    • Condo & HOA Representation
    • Contact Us
    • Corporate Intelligence & Due Diligence Investigations
    • Foreclosure Defense
    • Home
    • J. Patrick Walsh
    • Jon B. Coats Jr.
    • Kimberly Sproat
    • Landlord / Tenant
    • Martha Bolton
    • Our Philosophy
    • Personal Injury
    • Practice Areas
    • Privacy Policy
    • Probate, Wills, Trusts and Estate
    • Real Estate Litigation & Transactions
    • Real Estate Litigation and Transactions
    • Resources
    • Ryan Schmidt
    • Short Sale & Load Modification Negotiation
    • Terms of Use
    Coats Schmidt, P.A.