Mortgage processor executive gets up to 20 years
Ex-president of mortgage processor DocX sentenced to up to 20 years in prison in Michigan case
GRAND RAPIDS, Mich. (AP) -- The former president of a mortgage document processing company has been sentenced to up to 20 years in prison on a racketeering charge in a Michigan case.
Lorraine Brown pleaded guilty in February. The attorney general's office says she was sentenced in Kent County on Thursday. Circuit Judge Mark Trusock ordered Brown to serve 40 months to 20 years.
The state says the 51-year-old Brown orchestrated a robo-signing scheme in which employees fraudulently signed another authorized person's name on mortgage documents to expedite foreclosures.
Brown pleaded guilty to a federal charge in Florida last year and reached a plea agreement on related state charges in Missouri.
Michigan Attorney General Bill Schuette previously reached a $2.5 million civil settlement with the parent company of DocX.
