Monday, May 06, 2013

Head Of Now-Defunct Robosigning Outfit Gets 40 Months To 20 Years For Role In Authorizing Fraudulent Signing Of Mortgage Documents Filed In Michigan

From the Office of the Michigan Attorney General:
  • Michigan Attorney General Bill Schuette today announced Lorraine Brown, former president of mortgage document processor DocX, was sentenced to 40 months to twenty years in prison on one count of Conducting Criminal Enterprises (Racketeering) for her role in authorizing the fraudulent signing of mortgage documents filed in Michigan.

    Brown was sentenced on May 2, 2013 by Kent County's 17th Circuit Court Judge Mark Trusock. Following the sentencing, Brown was remanded to the custody of the Michigan Department of Corrections to begin serving her sentence. Brown pleaded guilty to the racketeering charge on February 11, 2013. Brown's conviction followed an Attorney General investigation into questionable mortgage documentation filed with Michigan's Register of Deeds offices during the foreclosure crisis.