The investigation into robo-signing at mortgage servicing firms grew more intense Wednesday with attorneys general in California and Illinois issuing subpoenas to Lender Processing Services Inc. (LPS: 25.16 -0.71%).
Illinois Attorney General Lisa Madigan also subpoenaed National Title Clearing Inc.
The AGs' actions show LPS is once again in the line of fire as state regulators continue to probe mortgage servicing practices of firms handling foreclosures in the midst of a prolonged national housing downturn.
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