VARbuzz: LPS faces criminal charges for robo-signing

Submitted by daniel@nfistudi... on Feb 7, 2012

LPS subsidiary DocX — and its founder and former president — have been indicted in Missouri on forgery charges for falsifying documents in order to speed up foreclosures on behalf of its lender clients.

The Missouri grand jury found that the person whose name appeared on 68 documents executed on behalf of a lender — someone named Linda Green — was not the person who had signed the papers. The documents were submitted to the Boone County recorder of deeds as though they were genuine, [Missouri attorney general Chris]  Koster said.

Read the whole story over at The New York Times.