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Loan Modification

: Mortgage Lender Implode-o-Meter

LENDER PROCESSING SERVICES HAS A VERY BAD DAY: FEDERAL BANKRUPTCY TRUSTEE JOINS LITIGATION AGAINST LPS ON BEHALF OF ALL CHAPTER 13 TRUSTEES IN THE US

By Implode-Explode Heavy Industries

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"Lender Processing Services, which provides ?technology? services to servicers and foreclosure mills, is under an escalating legal assault. Although media attention has focused on its role as a generator of fabricated documents for servicers and mortgage trusts, it can probably shift the liability for those documents onto the parties that used them as part of foreclosure proceedings."

Full post as published by Mortgage Lender Implode-o-Meter on October 12, 2010 (boomark / email).

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