ND gets $220,000 in settlement on foreclosures
North Dakota gets $220,000 as part of multistate settlement with mortgage processing company
BISMARCK, N.D. (AP) -- Attorney General Wayne Stenehjem says North Dakota's share of a multistate settlement with one of the nation's biggest mortgage processing companies is just under $220,000.
Lender Processing Services Inc. has agreed to pay $121 million to resolve states' claims that it wrongfully foreclosed on homeowners who should have been allowed to stay in their homes.
State attorneys general alleged that the company engaged in unlawful practices including "robo-signing," in which it automatically signed off on foreclosures without properly reviewing documents.
