Below are the first criminal charges brought in the foreclosure fraud scandal. Every state Attorney General will take note of what Nevada AG Catherine Cortez Masto just did.

We’ve read the indictment, and those 606 charges are no joke. Just open it up to any page and you’ll see what was going on. A likely probability is that Nevada AG Masto is starting by going after mid-level employees, with the intent to flip up the chain.

According to the WSJ, the charges were brought against Lender Processing Services employees. As Yves Smith explains, LPS handled much of the foreclosure mill network used by the big banks.

WSJ: “Nevada Grand Jury Indicts Two in Alleged Robo-Signing Scheme

Office of the Attorney General Announces Indictment in Massive Clark County Robo-signing Scheme

Indictment (First Page)

Category: Foreclosures, Legal, Think Tank

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5 Responses to “Nevada AG RoboSigning Indictments”

  1. VennData says:

    The GOP media machine must link Clinton or Ted Kennedy or MSNBC to these private business decisions.

    I bet the over/under on the Heritage Foundation comes out with a white paper explaining it all from one of their hookers… er… a… resident scholars by the end of the year:

    “Regulation Results in Robo-signers” by Snidley R. Whitebread, PhD, Oral Roberts School of Re-Research.

  2. sbcharo says:

    @VennData

    That is hysterical….If your day job doesn’t work out, you can be a writer on the Daily Show…LOVED your comment!

  3. [...] note: Nevada’s Attorney General is actually enforcing the law against finance-industry criminals and foreclosure [...]

  4. [...] Lender Processing Services. Thanks to the diligent worh of Attorneys General in states such as Nevada, New York, Delaware, California (but not Florida), we are starting to learn the extent of what took [...]