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Former DocX president Lorraine Brown is looking at a two- to three-year stretch in prison after accepting a plea deal over robo-signing practices, according to announcement from Missouri attorney general ""Chris Koster"":https://www.ago.mo.gov/.
[IMAGE]Under a plea agreement between herself and the state of Missouri, Brown will plead guilty to one felony count of forgery, one felony count of perjury, and one misdemeanor count of making a false declaration.
[COLUMN_BREAK]She will be sentenced to a term of imprisonment of ""not less than two years and not to exceed three years in the Missouri Department of Corrections,"" Koster announced.
According to charges against her, Brown instituted a policy during the period of March to October 2009 in which employees signed mortgage documents for each other as surrogates. Those documents were notarized and filed across the country. Brown concealed these practices from her clients, the national mortgage servicers, and ""Lender Processing Services"":http://www.lpsvcs.com/Pages/default.aspx (LPS), DocX's former parent company.
LPS worked out a settlement with Koster's office in August.
""DocX's robo-signing practices were the worst in the country. Surrogate-signing crosses the threshold into criminal activity,"" Koster said. ""This agreement brings to justice the person most responsible for these activities and upholds the principle that when you sign your name to a legal document, it matters.""
The Associated Press reports Brown also pleaded guilty to a federal charge of conspiracy to commit mail and wire fraud in a U.S. District Court in Florida on the same day. Her sentencing date has not been set in that case.
