Excerpt from: Michigan.gov (click for full article)
Michigan Attorney General Bill Schuette today announced Lorraine Brown, former president of mortgage document processor DocX, pleaded guilty to racketeering for her alleged role in authorizing the fraudulent signing of mortgage documents filed in Michigan. Brown pleaded guilty today to one count of Conducting Criminal Enterprises (Racketeering), a 20-year felony, before Kent County Circuit Court Judge Mark Trusock. She will return for sentencing on May 2, 1:30 PM. The guilty plea follows an Attorney General investigation into questionable mortgage documentation filed with Michigan's Register of Deeds offices during the foreclosure crisis.
"Shortcuts like robo-signing are just one part of the mortgage foreclosure crisis," said Schuette. "The message here is clear - if you break the law, there are consequences. We will continue to prosecute criminals who target and exploit Michigan homeowners."
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