Former Florida mortgage executive pleads guilty to widespread robo-signing

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"In a landmark robo-signing case, a former executive of a Jacksonville mortgage-processing giant faces up to five years in prison after pleading guilty to orchestrating years of fraudulent foreclosure documents, according to a plea deal filed Tuesday in Jacksonville federal court.

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(Reuters) – A former executive at a mortgage records company pleaded guilty on Tuesday to a scheme to file fraudulent documents used in foreclosures, a rare prosecution of a top-level employee.

A former executive of Lender Processing Services, Inc. (LPS) pled guilty Tuesday to mail and wire fraud charges, admitting her participation in a six-year scheme to prepare and file more than 1.

By Drew Harwell, Times Staff Writer | "In a landmark robo-signing case, a former executive of a Jacksonville mortgage-processing giant faces up to five years in prison after pleading guilty to orchestrating years of fraudulent foreclosure documents, according to a plea deal filed Tuesday in Jacksonville federal court.

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