The settlement resolves allegations over the Jacksonville, Florida-based company’s involvement in what the government called a six-year scheme to prepare and file more than 1 million fraudulently signed and notarized mortgage documents in property recorders’ offices nationwide from 2003 to 2009.

Friday’s accord also follows a guilty plea last November by Lorraine Brown, the former chief executive of LPS’ now-closed DocX LLC unit, to a felony charge of conspiracy to commit mail and wire fraud over the scheme.

Prior to DocX’s closure in 2010, LPS had handled more than half of the nation’s foreclosures.

SOURCE: reuters.com…