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Lender Processing announces settlement with Colorado Attorney General

Lender Processing Services announced that it has reached a settlement with the Colorado Attorney General, that concludes the State's investigation of the former document execution practices by LPS subsidiaries. The terms of the settlement provide for, among other things, a payment of $1.3M and reimbursement of $500,000 for fees and costs to the Colorado Attorney General's Office. The terms of the settlement also provide for a release of potential liability of LPS and its subsidiaries related to past document execution practices in Colorado.