Friday, February 1, 2013

LATEST SETTLEMENT NEWS!: Lender Processing Serviuces (LPS) and its subsidiaries have reached a settlement with the attorneys general of 46 states and the District of Columbia in a large series of roboprocessing claims against LPS et al. The agreed settlement amount is $127 Million, and also precludes further use of the techniques/tactics LPS et al previously used in completing foreclosures. No info was announced from the settlement details as to whether any of the robosigned foreclosures will or can be reversed or compensated, so, if you feel you were robosigned out of your home, you may want to check with your state AG. As always, good luck.

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