606-Count Indictment of Two Robosigners 
So you wanted bankers in jail - here you go. No tidy civil penalty in this case. Nevada’s AG may put two mortgage principals behind bars for life. And no one had to sit in a park!
This is fairly significant. Criminal indictments of robosigner’s supervisors at LPS will increase diligence in the foreclosure process. Criminal liability gets people’s attention a lot faster than civil liability. Practically speaking, this means more modifications and fewer people out of their homes.
(Source: thecallus)
