Florida Mortgage Company Announces $127M Settlement Over Robo-Signing Documents

Florida Mortgage Company Announces $127M Settlement Over Robo-Signing Documents

JACKSONVILLE, Fla. - Lender Processing Services Inc. (LPS), a Florida-based company that offers integrated technology and services to the mortgage and real estate industries, on Jan. 31 announced that it had reached a $127 million settlement with attorneys general in 46 states and the District of Columbia to resolve claims over its document preparation, which included the practice of robo-signing documents used in foreclosure proceedings.

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