GRAND RAPIDS, Mich. (AP) -- The former president of a mortgage document processing company has pleaded guilty to a racketeering charge in Michigan.
The state attorney general's office says Lorraine Brown pleaded guilty Monday in a Kent County circuit courtroom. She faces up to 20 years in prison when sentenced on May 2.
The state says that the 51-year-old Brownorchestrated a robo-signing scheme in which employees fraudulently signed another authorized person's name on mortgage documents to expedite foreclosures.
Brown pleaded guilty to a federal charge in Florida last year and reached a plea agreement on related state charges in Missouri.
Michigan Attorney General Bill Schuette recently reached a $2.5 million civil settlement with the parent company of DocX, a mortgage processing company run by Brown.