Lender Processing Services LPS and ProVest: Resemblance is uncanny

We all have all got acquainted with LPS and have read about ProVest in connection with Law Offices of David J. Stern. If you take a close look at the two logo’s, don’t they have a resemblance? Look at the colors as well…Hmm are we unlocking another possible link?

 House Flipping Makes A Comeback In Florida Foreclosed Homes Sold On Court House Steps for Cash, David J. Stern Law Office Forecloses Buys and Flips for Profit, FBI Needs to Investigate.

REO FRAUD: “I told you…I was trouble, You know that I’m (title) No GOOD!”

All over the US there is mass title defects that have been created to our homes…we are being evicted and titles to our stolen homes are being fabricated by means of Forgery/FRAUD! If these homes have been stolen from us…we have the right to claim them back! Let the unsuspecting homeowner who buys your home that it was fraudulently taken from you! What happens when your car is stolen and reclaimed? It goes back to it’s owner!

Stop by, say hello to the new owner of your stolen home and welcome them to the bogus neighborhood! Oh make sure to show some hospitality and bring them a gift…Umm your Foreclosure Mill Docs!

 

 

National foreclosure auctions go online via LPS: “CAVEAT EMPTOR”

Submitted by Kevin Turner on April 16, 2010 – 4:56pm Market Value

The Duval County Clerk’s Office has offered online bidding for foreclosed properties for some time, and now Jacksonville-based Lender Processing Services is bringing bank-foreclosures all over the U.S. online.

Through its LPSAuctions.com Web site, LPS is to open bidding on single-family homes, condominiums and town homes from Coral Springs to Tacoma, Wash. The bid deadline for the homes listed in the “Spring Clearance” auction on the site is May 10.

So now it’s official they have they’re hands in all Real Estate! My question is how…why would any state permit them to sell anything if they are under the scope of the FEDS?? Take a look below.

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LPS Asset Management Launches Short-Sale Service: “CAVEAT EMPTOR”

LENDER PROCESSING SERVICES (LPS) Hits Local NEWS!

After ongoing INVESTIGATIONS: Lender Processing Services (LPS) closed the offices of its subsidiary, Docx, LLC, in Alpharetta, Georgia

EXTRA! EXTRA! Read All about the misconduct of Lender Processing Services f/k/a FIDELITY a/k/a LPS

U.S. Probing LPS Unit Docx LLC: Report REUTERS

U.S. Probes Foreclosure-Data Provider:Lender Processing Services Unit Draws Inquiry Over the Steps That Led to Faulty Bank Paperwork (LPS VIDEOS)

Feds Investigating LPS Subsidiary DOCX: Jacksonville Business Journal

Fidelity’s LPS Secret Deals With Mortgage Companies and Law Firms

TOPAKO LOVE; LAURA HESCOTT; CHRISTINA ALLEN; ERIC TATE …Officers of way, way too many banks Part Deux “The Twilight Zone”

Stopping A Defective Title Wave With A Coupla Outstretched Helping Hands

BOGUS ASSIGNMENTS 2…I’m LOVING this!! LPS DOCx ADMISSIONS SEC 10K ROOFTOP SHOUT OUT!

 

After ongoing INVESTIGATIONS: Lender Processing Services (LPS) closed the offices of its subsidiary, Docx, LLC, in Alpharetta, Georgia

Mortgage Fraud

American Home Mortgage Servicing
Deutsche Bank National Trust Company
Docx, LLC
Lender Processing Services

Action Date: April 13, 2010
Location: Jacksonville, FL

On April 12, 2010, Lender Processing Services closed the offices of its subsidiary, Docx, LLC, in Alpharetta, Georgia. That office was responsible for pumping out over a million mortgage assignments in the last two years so that banks could foreclose on residential real estate. The law firms handling the foreclosures were retained and largely controlled by Lender Processing Services, according to a Sanctions Order entered by U.S. Bankruptcy Judge Diane Weiss Sigmund (In re Niles C. Taylor, EDPA, Case 07-15385-sr, Doc. 193). Lender Processing Services, the largest “default management services company” in the country, has already made at least partial admissions that there were faults in the documents produced by the Docx office – although courts and homeowners were never notified. According to Lender Processing Services, over 50 major banks use their default management services. The banks that especially need the services provided by Lender Processing Services include Deutsche Bank, Citibank, Wells Fargo and U.S. Bank, acting as trustees for mortgage-backed securitized trusts. These trusts, in the rush to securitize mortgages and sell them to investors, often ignored the critical step of obtaining mortgage assignments from the original lenders to the securities companies to the trusts. Now, years later, when the companies “servicing” the trusts need to foreclose, they retain Lender Processing Services to draft the missing documents. The mortgage servicers, including American Home Mortgage Services, Saxon Mortgage Services, and American Servicing Company, never disclose that the trusts are missing essential documents – they just rely on Lender Processing Services to “fix” the problems. Although the Alpharetta office has been closed, Lender Processing Services continues to mass produce “replacement” assignments from its Jacksonville, Florida, and Dakota County, Minnesota offices. Law firms retained by Lender Processing Services also often use their own employees, posing as officer of Mortgage Electronic Registration Systems, to produce the needed Assignments. Since the vast majority of homeowners do not retain counsel in foreclosure proceedings, this flawed system has worked very effectively for the last few years, with courts all over the country rarely questioning why so many mortgage companies had officers in Alpharetta, Georgia, or why Trusts that closed in 2005 and 2006 were just obtaining Mortgage Assignments in 2009 and 2010. Most courts never even questioned why companies long-dissolved, such as Option One, could still be executing documents years after the dissolution. While the closing of the Alpharetta office may be a sign that these fraudulent activities will finally be exposed and addressed, for the time being, it is just a matter of an unsatisfactory end of one small facet of an enormous and far-reaching problem.

ERIC FRIEDMAN It’s your turn to wear the hats…By the way thanks for the Power Of Attorney to Stern!

Ok folks…here we have Eric & Erica.

 We all know some of the many hats Erica Johnson-Seck wears…so whats a few more. Just like her,  Eric Friedman joins her with some signings and also gives Law Offices of David J. Stern Power Of Attorney via IndyMac.

N0tice how it may be the same person signing for all on the POA? Eric also signs documents for Florida Default Group now would this be a conflict? What makes of this POA since Eric’s signatures aren’t consistent and is an officer of other banks too?

Oh and they didn’t want notary Mai Thao to feel left out so they let “Mai”  in on it too.

  • Notice original banks ceased operations before these were assigned.
  • They “fabricated” these assignments to back date and record months after.
  • Notice no addresses because their is none.
  • IndyMac itself was ceased by the FDIC in 7/11/2008 and sold to OneWest 3/19/2009.

Mers Discovery Responses TO REQUEST FOR Production of Documents 3-15-2010, ERICA JOHNSON-SECK, DAVIE

via b.daviesmd6605

SAME RESPONSES OBJECTIONS AND NO DOCUMENTS. IT IS THE GAME. HOPEFULLY WE CAN BREAK THIS GAME. WE ALL HAVE ERICA JOHNSON-SECKS DEPOSITION. JUST FOLLOW THE YELLOW BRICK ROAD.

LPS Asset Management Launches Short-Sale Service: “CAVEAT EMPTOR”

CAVEAT EMPTOR

March 22, 2010 – Lender Processing Services

 
LPS Asset Management Launches Short-Sale Service

Service helps lenders respond to short-sale offers more efficiently

Lender Processing Services, Inc. (NYSE:LPS) , a leading provider of integrated technology and services to the mortgage and real estate industries, is pleased to announce the launch of its professional short-sale service. Offered through LPS Asset Management Solutions, LPS’ short-sale solution helps servicers respond more quickly to short-sale offers and close more transactions.

In the current environment, servicers must be prepared to efficiently leverage alternatives like short sales. They must also be able to manage an increase in short-sale requests from borrowers and process the increased volume, while minimizing risk exposure and keeping operating complexity to a minimum.

‘As the need for short-sale management continues to increase, servicers must have an exceptionally efficient process in place for accuracy, timeliness and high-performance results,’ said Chad Neel, president of LPS Asset Management Solutions, LPS Field Services and LPS Auction Solutions. ‘With our extensive industry and short-sale experience and resources, we are ideally poised to help servicers streamline the short-sale process, enabling them to keep costs down and work with defaulted homeowners more effectively.’

LPS Asset Management Solutions has an established network of seasoned asset managers who manage, market and sell distressed and bank-owned properties, so servicers don’t have to experiment with alternatives or create alliances that may not offer the same benefits. LPS Asset Management Solutions’ ability to quickly draw upon related LPS resources, including property preservation and code enforcement services, title and closing services, analytics, valuations, MLS data and market trending data, offers servicers a powerful, comprehensive solution for its short-sale needs.

With the expertise and ability to assist servicers at any stage of the short-sale process, LPS works directly with its clients to review title; assess and resolve junior liens; review property values against short-sale offers; evaluate the equity position for each transaction; perform occupancy checks; and provide property preservation services, if necessary.

Additionally, LPS can coordinate short-sale offer reviews to provide guidance on whether the offers are in line with local market values and appropriate for the servicer’s objectives. Finally, LPS can either manage the entire closing process for short-sale offers that are accepted, or support servicers with property auction and deed-in-lieu services to expand the choices available to help clients and their borrowers conclude their transactions.

For more information regarding the LPS Asset Management Solutions’ short-sale services, call (720) 566-8025.

About Lender Processing Services

Lender Processing Services, Inc. (LPS) is a leading provider of integrated technology and services to the mortgage and real estate industries. LPS offers solutions that span the mortgage continuum, including lead generation, origination, servicing, workflow automation (LPS Desktop®) portfolio retention and default, augmented by the company’s award-winning customer support and professional services. Approximately 50 percent of all U.S. mortgages by volume are serviced using LPS’ Mortgage Servicing Package (MSP). LPS also offers proprietary mortgage and real estate data and analytics for the mortgage and capital markets industries. For more information about LPS, please visit http://www.lpsvcs.com.

 

Contact: Michelle Kersch Media +1-904-854-5043 michelle.kersch@lpsvcs.com
Company: Lender Processing Services, Jacksonville-Florida
Web Link: http://www.lpsvcs.com

Source: http://www.mortgagemag.com/news/2010/0316/1000016436070.htm

or see my write ups on them HERE