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Nevada AG Ordered to Pay Black Knight in Robosigning Lawsuit

housingwire.com | February 13, 2014

By Jacob Gaffney

Most mortgage firms sued by Nevada's Attorney General Catherine Cortez Masto decide to settle.

Deutsche Bank (DB) settled for $11.5 million. The Royal Bank of Scotland (RBS) settled for $42 million.

For Black Knight Financial Services, then known as Lender Prosessing Services, the Nevada AG may end up paying them.

Cortez Masto's office was sanctioned for failing to meet the deadline in discovery in her lawsuit against LPS for alleged robosigning.

The firm responsible for getting that information to the AG is Cohen Milstein.

Judge Elizabeth Gonzalez in Las Vegas ruled for the sanctions. Lawyer Mitchell Berge is quoted in that article, saying: "I've never seen an attorney general sanctioned."

Black Knight does not have a comment.

Masto's office provided this statement to HousingWire:

“An Order was entered for attorney’s fees and costs on a discovery motion. The amount has not been determined as further filings with the court are necessary. The Attorney General and Cohen Milstein are reviewing all of our options with respect to this Order.”

 

Back to February 2014 Archive

CFLA was founded by the Nation's Leading Foreclosure Defense Attorneys back in 2007 to serve the Foreclosure Defense Industry and fight pervasive Bank Fraud. Since opening our virtual doors, CFLA has rapidly expanded to become the premier online legal destination for small businesses and consumers. But as the company continues to grow, we're careful to hold true to our original vision. For us, putting the law within reach of millions of people is more than just a novel idea—it's the founding principle, just ask Andrew P. Lehman, J.D.. With convenient locations in Houston and Los Angeles, you can contact Our National Account Specialist and General Manager / Member Damion W. Emholtz at 888-758-2352 for a free Mortgage Fraud Analysis or to obtain samples of work product, including cutting edge Bloomberg Securitization Audits, Litigation Support, Quiet Title Packages, and for more information about our Nationally Accredited and U.S. Department of Education Approved "Mortgage Securitization Analyst Training Certification" Classes (3 days) 24 hours for approved CLE & MCLE Credit (Now Available Online).

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