The Commercial-News, Danville, IL

May 7, 2013

County receives funds from lawsuit

STAFF REPORT
Commercial-News

DANVILLE — The Vermilion County Recorders Office received a little more than $22,000 as part of the settlement of an Illinois Attorney General lawsuit.

The total is a fraction of the $3.3 million agreed upon by the attorney general’s office in its lawsuit filed against Lender Processing Services Inc. of Jacksonville, Fla.

According to a press release by Vermilion County Recorder Tom O’Shaughnessy, the lawsuit and resulting settlement was in regard to fraudulent practices in foreclosure proceedings as well as mortgage assignments and lien releases filed in recorders’ offices around the state.

Evidentiary paperwork was collected and submitted in the case by former county recorder Barb Young.

Under the terms of the settlement, the funds are directed to be used to maintain accurate public records. O’Shaughnessy indicated he plans to add the settlement to his office’s special technology fund for purposes of converting delicate microfiche records to digitized images.