Foreclosure Case Implications of DocX Fallout Largely Ignored by Media
If you follow this Miami foreclosure lawyer blog or listen to “Mortgage Wars” with Miami Foreclosure Attorney Bruce Jacobs on 880AM/the Biz, you have learned quite a bit about the criminal conviction of the former DocX (LPS) founder, Lorraine Brown.
You might have also caught the story as a brief in the national news or maybe even a blurb in the local paper or online. However, the story the media is failing to tell about the case is this: It represents potential fraud on the part of every bank that continues to move forward with foreclosure cases where DocX/LPS documents are being used as evidence.
Despite the fact that the judgement found the banks not to be at-fault for the forged, fraudulent, false or perjured documents (they were considered also a victim of Brown, who admitted this was the case for virtually all records that were produced by her company), the banks cannot in good faith move forward with cases using her records as evidence.
Why? Because it is considered fraud for a bank to present as valid evidence in a court of law records it knows to be fraudulent.
And we’re not talking about a simple scam here. The fraud perpetuated by Brown resulted in making countless homeowners homeless.
As one former federal prosecutor noted in her blog, even if a number of the banks hadn’t formally commented or acted on the whole robo-signing debacle previously, once Brown came out and admitted that pretty much every document that her firm produced was forged and all documents were suspect, the banks with pending foreclosure cases relying on DocX/LPS records should either withdraw those records or withdraw the case altogether. In fact, the former prosecutor adds that the Department of Justice and every state attorney general in the country has a pretty clear-cut case of fraud against those banks that don’t comply. You simply can’t use false evidence in a court case – any court case. Doing so knowingly is grounds for criminal prosecution.
Still, these cases are moving forward. No criminal action has been filed. In fact, cases are still being decided – in favor of the bank – based on this admitted phony evidence.
This is the story we aren’t hearing. Why aren’t criminal prosecutors pressing this issue? Why aren’t banks and judges being held accountable? Why isn’t the media covering it?
Now, at least YOU know. Our Miami foreclosure lawyers are dedicated to ensuring that banks don’t have a chance to present forged or sloppy paperwork as legitimate evidence in your case. Because of our extensive experience in this arena, we are able to identify questionable records or documents, even when they are shrouded in a thick layer of fine print and legalese jargon.
It’s noteworthy that Brown’s attorney, shortly after her conviction, said that she was eager to begin the process of “getting on with the rest of her life.” A similar statement was given by the President of BP, shortly after his firm set off the largest environmental disaster in history.
These individuals don’t deserve to “get on with life” so quickly. Neither do the banks. You do. We’re dedicated to helping make that happen.
If you’re battling foreclosure in Miami or the surrounding areas contact Jacobs Legal for a confidential appointment to discuss your rights. Call (305) 358-7991. Also, don’t miss Miami Foreclosure Attorney Bruce Jacobs on 880AM/the Biz, every Wednesday from 5 p.m. to 6 p.m. on “Mortgage Wars,” discussing foreclosure topics that matter to YOU.