Missouri Attorney General Settles "Robosigning" Case

Foreclosure Mortgage Servicing State Attorney General

On August 2, the Missouri Attorney General (AG) and the parent company of indicted firm DocX LLC announced a settlement of the state’s criminal allegations that the company engaged in so-called "robosigning." In his February indictment, the AG alleged that DocX (i) directed employees to falsely sign mortgage documents in the names of various bank vice presidents without proper authorization, (ii) falsely notarized the forged documents, and (iii) subsequently filed the documents in courthouses across the state. Pursuant to the agreement, DocX agreed to pay a $1.5 million fine plus fees and costs of the investigation, and will continue to cooperate with the AG’s office as it pursues criminal charges against the company’s former president.