Certified Forensic Loan Auditors, LLC

  Upcoming Classes

Search CFLA's Article Archive:

LPS Servicing Settlement Results in New Consumer Complaint Resources

nationalmortgageprofessional.comMarch 28, 2013

Connecticut Attorney General George Jepsen is advising consumers that two toll-free numbers are available for questions about faulty mortgage-related documents or field services provided by Lender Processing Services Inc. (LPS) and its subsidiaries, LPS Default Solutions and DocX. The company was required to establish and maintain the dedicated telephone lines under terms of a $120 million multi-state settlement announced by the Attorney General in January to resolve the company’s alleged improper practices for executing mortgage-related documents. The company also agreed to review documents executed between Jan. 1, 2009-Dec. 31, 2010 to determine whether any needed to be re-executed or corrected, among other changes.

“The settlement imposed important reforms against robo-signing practices by the company. It also provided recourse for consumers who believe they may have been affected by the company’s past practices,” Attorney General Jepsen said.

LPS and its subsidiaries allegedly executed thousands of potentially affected documents filed or recorded in Connecticut, which may have had defects such as unauthorized signatures, improper notarizations and inaccurate information relating to the identity of the signatory or effective date of assignment, Jepsen said.

Connecticut was one of several lead states that investigated the practices and negotiated the settlement, which included 45 states and the District of Columbia. Connecticut received nearly $1.9 million from the settlement agreement.

Back to March 2013 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).

SEE BELOW- http://www.certifiedforensicloanauditors.com

Call us toll free at 888-758-2352

Bookmark and Share
Facebook Like us on Facebook
Twitter Follow us on Twitter
YouTube View our YouTube Videos
LinkedIn Connect to us on Linkedin
BBB Logo


Contact us or view our Sample Documents & Audits by completing the form below.

  • Reload
  • Should be Empty:


DVD Sets Only $99


FREE Mortgage Fraud Analysis


Order Cutting-Edge Services Now


Quiet Title Packages from Licensed Attorneys


Affiliate Services


CFLA Sponsored Attorney Links


Take-Home Education Package