LPS using TARP funds to cover-up Assignment of Mortgage

Here is a copy of an email in September 14, 2009 from Adrian Lofton to Bradley Johnson, lead Attorney at Taylor, Day, Currie, Boyd and Johnson apprizing him of their TARP fund violations (see below). And who is Adrian Lofton? Lofton is a former Lender Processing Service (LPS) employee who gave a sworn statement to a  New Jersey court investigating mortgage fraud.  Read more on what Lofton exposed to the New Jersey court on LPS' fraudulent practices and mismanaging of accounts such as:

"...109. ...most of the [LPS] Associate Team members had gained unauthorized access to the logins and passwords of their team associates and supervisors for all of the bank servicers' computers.



110. With this unauthorized access to the Bank's computers, the [LPS] associates could go into the banks computer files and manipulate the data....



112. I was particularly concerned that during "crunch" times ...Team Associates were cutting corners....



116. When an employee cut corners, the employee left out one or more steps that should have been performed and had to make something up.

117. The problem caused by cutting corners might not come to light until six months down the road when an attorney asks questions about the billing record."

Adrian Lofton Cert


LPS Using TARP Funds to Cover-Up Assignment of Mortgage