Nevada AG Files 'Robo' Suit Against National Mortgage Servicing Company
The Nevada Attorney General’s offices has filed a civil lawsuit accusing a national mortgage servicing company of running a massive “robo-signing” operation that initiated “countless” foreclosures in the state — a suit that underscores the risks of pushing employees to engage in improper notarization practices and other misconduct.
Among its many allegations, the lawsuit accuses Lender Processing Services Inc. (LPS) of engaging in a pattern of conduct that included fraudulently notarizing documents “without ensuring that the Notary did so in the presence” of the signer and implementing “a widespread scheme to forge signatures on key documents to ensure that volume and speed quotas were met.”
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