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IN THE NEWS Former DocX President Faces Prison Sentence for RoboSigning Charges Former DocX president Lorraine Brown is looking at a two- to three-year stretch in prison after accepting a plea deal over robosigning practices, according to announcement from Missouri attorney general Chris Koster in November 2012. 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. 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 (LPS), DocX's former parent company. LPS worked out a settlement with Koster's office in August 2012. "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." Montana rank: 41 90+ Day Delinquency Rate Foreclosure Rate october 2012 1.28% Unemployment Rate 1.51% 6.0% year ago 1.36% 1.92% 6.8% percent point change -6.0% -21.1% -11.8% Top County BroadwaTer CounTy 90+ Day Delinquency Rate Foreclosure Rate october 2012 1.93% 4.56% year ago 2.54% 1.93% percent point change -23.7% 135.9% Top Core-Based Statistical area KaliSpell, MT 90+ Day Delinquency Rate Foreclosure Rate Be confident that october 2012 1.55% 2.55% the industry is hearing year ago 1.66% 3.42% your message. percent point change -6.7% -25.5% note: The 90+ Day delinquecy rate is the percentage of outstanding mortgage loans that are 90plus days delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the October 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary October 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. Advertise with DS News today. Nebraska rank: 48 90+ Day Delinquency Rate Foreclosure Rate october 2012 1.67% Unemployment Rate 1.07% 3.8% year ago 1.71% 1.38% 4.4% percent point change -2.6% -22.1% -13.6% Top County BurT CouNTy 90+ Day Delinquency Rate Foreclosure Rate october 2012 1.89% 3.49% year ago 2.36% STAT INSIGHT 2.98% percent point change -19.9% 17.3% Top Core-Based Statistical Area LexiNgToN, Ne 90+ Day Delinquency Rate Completed foreclosures in St. Louis, Missouri for the year ending in October 2012. Source: CoreLogic 144 Foreclosure Rate october 2012 1.48% 1.69% year ago 1.89% 2.11% percent point change -21.8% -19.5% note: The 90+ Day delinquecy rate is the percentage of outstanding mortgage loans that are 90plus days delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the October 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary October 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. Call 214.525.6700 or visit DSNews.com.