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Mortgage Loan Processor News

Mortgage processor DocX indicted in Missouri on forgery charges

Missouri Attorney General Chris Koster is leading one of the nation’s most aggressive prosecutions against DocX LLC, an alleged “robo-signer” of mortgage documents. A Boone County grand jury has handed up a 136-count indictment against DocX LLC and its founder, Lorraine Brown.

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Missouri files charges against mortgage processor

Add Missouri to the growing list of states going after banks and other companies on behalf of consumers apparently caught in a widespread fraud involving forged signatures on phony home loan documents.

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First Person: I Was a Subprime Mortgage Processor

*Note: This was written by a Yahoo! contributor. Do you have a story that you'd like to share? Sign up with the Yahoo! Contributor Network to start publishing your own finance articles.

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Renee Kleensang joins Morgan Federal Bank

Renee Kleensang has joined Morgan Federal Bank as its newest loan processor. Kleensang brings more than seven years of banking experience with her, having previously worked at Fort Morgan State Bank.

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Kevin Jaunich opens Nationstar Mortgage office

DELANO, MN – Whether it’s a new loan or refinance, mortgage professional Kevin Jaunich aims to make the process as painless as possible for his clients.

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Lafayette man sentenced in mortgage fraud scheme

A Lafayette man was sentenced to 18 months in jail on Friday for his role in a mortgage fraud scheme that resulted in about $1.3 million in losses for financial lenders.

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Family members sentenced in mortgage fraud scheme

Two men are sentenced in a family mortgage fraud scheme. Blake Alexander, 27, of Lafayette is sentenced to 18 months for his involvement which resulted in about $1.3 million loss for financial lenders, U.S. Attorney Sarah R. Saldaña of the Northern District of Texas said. His uncle, Lionel Alexander, 50, of Dallas, TX was president and CEO of American Family Mortgage in Dallas and pleaded guilty ...

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