Tech snafu, improper foreclosure affidavit lead to sanctions for LPS

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Foreclosures: Landmark v Kesler CEPersVid-35 Foreclosure Freeze: Did the Banks Lie on Their Foreclosure Affidavits? Hundreds of thousands of foreclosures are in jeopardy as a national foreclosure freeze takes hold. Today, Attorneys General in 50 states announced a joint investigation into whether the foreclosure robo-signers actually read the underlying foreclosure documents to make sure they were correct – as they swore in their affidavits.

Banks and foreclosure defense attorneys disagree on whether errors. and lack of due diligence caused people to face wrongful foreclosures.

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FRAUD, NOT MISTAKES AND ERRORS, HAVE PERMEATED THE FORECLOSURE PROCESS IN AMERICA When judges begin ordering the accounting and financial books and records of the.

Improper foreclosure affidavit lead to sanctions by bankruptcy court for LPS The U.S. Bankruptcy Court for the Eastern District of Louisiana will sanction Lender Processing Services (LPS: 31.19 -0.89%) after an employee at the firm was found to have improperly signed a court affidavit that put a nondefaulted borrower in line for foreclosure.

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Errors are being made in the process that lead lenders to foreclose on homes.. They stare at computer screens and prepare sworn affidavits that are used by. and sanctions for improper and fraudulent foreclosure documents. Fourteen mortgage-related firms, including Wells Fargo, LPS and MERS,

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