California probes assembly-line foreclosure signatures

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California probes assembly-line foreclosure signatures

Kamala Harris
California Attorney General Kamala Harris has announced the formation of a task force to investigate state mortgage fraud. (AP file photo)
California Attorney General Kamala Harris has announced the formation of a task force to investigate state mortgage fraud. (AP file photo)

WHAT: The top prosecutors in California and Illinois are investigating Lender Processing Services, which services half of all U.S. mortgages.

WHY: Lender Processing is alleged to have engaged in illegal “robosigning” — signing thousands of foreclosure documents without checking their accuracy.

WHAT’S BEING DONE: California Attorney General Kamala Harris has announced the formation of a task force to investigate state mortgage fraud.

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URL: http://www.sfexaminer.com/opinion/daily-outrage/2011/05/california-probes-assembly-line-foreclosure-signatures?quicktabs_1=0