A former executive of Lender Processing Services Inc. (LPS) pleaded guilty yesterday (11-21-12), admitting her participation in a six-year scheme to prepare and file more than one million fraudulently signed and notarized mortgage-related documents with property recorders’ offices throughout the United States.
Now if only we knew which million properties were affected by the fraud! So we didn't continue to insure based on documents known by the U.S. Attorney to be fraudulent.