WSJ – Florida Probing Law Firm in Foreclosures

From the Foreclosure Fraud Blogosphere here, here, here, and here, to the Wall Street Journal Law Blog to the front page of the WSJ Legal News.

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Florida Probing Law Firm in Foreclosures

BY AMIR EFRATI

The Florida attorney general’s office is investigating possible misconduct by a large law firm that files foreclosures for banks, according to a posting on its Web site.

The Web site said the office is looking at whether Florida Default Law Group, based in Tampa, was involved in “fabricating and/or presenting false and misleading documents in foreclosure cases.” Mortgage documents that are used to prove a bank has a right to foreclose “have later been shown to be legally inadequate and/or insufficient,” the Web … (subscription required)

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Comments
2 Responses to “WSJ – Florida Probing Law Firm in Foreclosures”
  1. Kathleen says:

    I’m so glad to hear there will be an investigation. On another front, I watched the union members marching on Wall Street initerviewed. The TV anchor mentioned that several were in foreclosure, as well as losing their 401Ks because of the banks and Wall Street.

    I’m wondering if through Facebook–or some other site–those of us in (or near) foreclosure could get together and arrange a march. There are many unemployed people with free time now.

    Ideally, it would coincide with a bill congress is considering, they way the union march was planned to coincide with the bank regulation bill.

    We could for instance, march in support of Senator Durban’s bill (twice purposed and rejected) that would allow bankrputcy judges to write down the principal owed on the home while also working out a solution to credit card debt.

    This bill would do more to save homes and stimulate the economy than anything else proposed. If we could arrange a march in DC, then perhaps the bill would be prosposed again and get enough votes. Many politicians are running in November, this might be a good time to take action.

    Kathleen

  2. Mark says:

    Does this mean that maybe the offices of David J. Stern and all of his LLC and corp, might be out of business.

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