Mortgage Processor Gets Up To 20 Years In Robo-Signing Scheme

Originally posted on CBS Detroit:

GRAND RAPIDS (WWJ/AP) - The former president of a mortgage document processing company has been sentenced to up to 20 years in prison on a racketeering charge in a Michigan case.

Lorraine Brown pleaded guilty in February and was sentenced in Kent County on Thursday. Circuit Judge Mark Trusock ordered Brown to serve 40 months to 20 years.

The state says the 51-year-old Brown orchestrated a robo-signing scheme, in which employees fraudulently signed another authorized person’s name on mortgage documents to expedite foreclosures.

In April 2011, Attorney General Bille Schuette launched an investigation after county officials across the state reported that they suspected mortgage documents filed in their offices may have been forged.

A “60 Minutes” news broadcast had shown that the name “Linda Green” was signed to thousands of mortgage-related documents nationwide, but with many different variations in handwriting. County officials in Michigan reviewed their files and found…

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