Mortgage technology provider Lender Processing Services (LPS) has reached a settlement with the Colorado Attorney General that concludes the State's investigation of the former document execution practices by the firm's units, according to a press release today from LPS.

The settlement's terms include a payment of $1.3 million and reimbursement of $500,000 for fees and costs to the Attorney General's pffice, the release said. The settlement also releases LPS and its units from potential liability related to past document execution practices in the state.

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