Hooray for Guilford County Register of Deeds Jeff Thigpen. Yesterday, this rather obscure public official had the guts to file a lawsuit against a goodly part of the American banking industry. Here’s a link to the press release (also reproduced below) and other relevant documents.
Guilford County Sues To Clean Up Banks’ “Mess” at the Register of Deeds
Guilford County, ex rel. Jeff L. Thigpen, Guilford County Register of Deeds, filed suit today against LPS/DocX, MERSCORP, MERS, Inc., and numerous banks, loan servicers, and foreclosure specialists seeking to clean up the “mess” Defendants created in the County’s property records registry.
“Our office uncovered an abundance of falsified, forged, and fraudulently executed mortgage documents,” said Thigpen. “But our investigation only found the tip of the iceberg. We need the banks to clean up their mess.” Read More