Michigan AG Urges All With Knowledge Of Illegal Robosigner Practices To Step Forward As DocX, LPS, Fidelity Get Slammed w/ Subpoenas In Criminal Probe

In Lansing, Michigan, The Grand Rapids Press reports:

• Michigan Attorney General Bill Schuette issued criminal investigative subpoenas against DocX and three affiliated companies as part of his office's investigation into fraudulent signatures on mortgage documents filed in Michigan.
• In addition to DocX, which provides mortgage support services, Schuette's office also served investigative subpoenas to Lender Processing Services Inc., Fidelity National Financial Inc. and CT Corporation System, according to an announcement today.
• Schuette is requesting documents regarding the companies’ processing of foreclosure and/or bankruptcy documents. The subpoenas were approved by the 54B District Court in Ingham County on Monday. The companies have until June 30 to comply.
• The subpoenas are part of an investigation launched in April after county officials across the state reported suspect documents. The reports were triggered by a “60 Minutes” story revealing that the name “Linda Green” was signed to thousands of mortgage-related documents nationwide, but with many different variations in handwriting.
• Schuette is investigating whether certain mortgage processing companies permitted such “robosigning” of legal documents filed in connection with Michigan foreclosures. obosigning may also involve individuals signing affidavits to signify that mortgage documentation was properly prepared without ever conducting a proper review of the documents.
• The attorney general is urging any current or former employees of mortgage servicers or processing companies with information about unlawful practices [to contact] the Corporate Oversight Division at (517) 373-1160.(1)

Source: Michigan AG issues subpoenas in investigation of foreclosure documents with fraudulent signatures.

For the Michigan AG press release, see Schuette Issues Subpoenas in Criminal Probe of Mortgage Processors.

(1) Those thinking about whether to come forward, spill their guts about their roles in the robosigning racket, and essentially, 'roll' on their current/former employers should factor in this admonition, made by a Federal judge, when deciding what to do:

• When a conspiracy is exposed by an arrest or execution of search warrants, soon-to-be defendants know that the first one to "belly up" and tell what he knows receives the best deal. The pressure is to bargain and bargain early, even if an indictment has not been filed. United States v. Moody, 206 F.3d 609, 617 (6th Cir. 2000) (Wiseman, J., concurring).

One can reasonably believe that the Michigan AG is won't be investing his limited resources in this probe without the view of 'scoring a few high-level scalps.'