Nevada AG drops criminal indictments on robosigners
Earlier this week Nevada Attorney General Catherine Cortez Masto indicted two mid-level employees of Lender Processing Services (LPS) for 606 counts of robosigning, specifically "directing fraudulent notarization and filing of foreclosure documents." LPS is a major company hired by banks to process foreclosure documents and has been at the center of the robosigning scandal. LPS would allegedly help banks forge documents that were used to foreclose on homeowners in situations where the banks didn't have any of the required documentation to prove that they had a right to foreclose.
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