
An executive who the Justice Department says facilitated a scheme to defraud Fannie Mae and Freddie Mac is now spearheading JPMorgan Chase’s role in the government’s program to compensate victims of the big banks’ abusive foreclosure practices.
The executive, Rebecca Mairone, worked at Countrywide and Bank of America from 2006 until earlier this year, when she left for JPMorgan Chase, according to her LinkedIn profile.
propublica
https://www.americanbanker.com/issues/177_209/lps-settles-with-colorado-1053968-1.html
Double disgusting….a lousy 1.8 million – they were probably making that a month creating the fraud that allowed banks to kick folks out of their homes
“LPS agreed to pay $1.3 million and reimburse $500,000 in fees and costs to the attorney general’s office for a surrogate signing program in which documents at two subsidiaries, DocX and LPS Default Solutions, were signed without review or personal knowledge of the accuracy of the information.”
Some will some dont so what!
I guess, it comes down to 6080 simple choice!