sherriequestioningall.blogspot.com/2011/04/60-minutes-expose-on-fraudclosure-banks.html
LPS is a subsidiary of Fidelity National Title Insurance Company. Other companies have mechanisms to handle this sort of work, too. First American Title distanced their escrow operations from their trustee-foreclosure units a few years ago in anticipation of problems. First American emails papers to their contractors in field (who sit at Recorders Offices awaiting the "go ahead" to file deed and mortgage papers) in order for them to print up and sign (again, without authorization). They do not centralize it in one facility like LPS did, making it rather innocuous and unremarkable to have a few papers signed each day, one-county-to-the-next rather than thousands all at once in a single office. However, the cumulative effect is the same; document fraud by the tens of thousands that's been occurring for years.
I've posted in forums repeatedly about Passion Title Services and SPL, Inc. as two local firms in the SF Bay Area that do this on a consistent basis for their client firms (various title insurance companies). I have contacted the media about it to no avail. I am holding a seminar on document forensics which addresses the issue. Join me for it: MeetUp.com group "Real Estate Foreclosure Seminars". I guess I lack credibility after only 27 years in the business. lol
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