Florida Bar v. David J. Stern – Complaint, Consent Judgement, Report of Referee, and Judgment

Circa 2002 Below are copies of a Florida Bar Complaint that was filed against David J. Stern regarding his foreclosure techniques back in 2002… Let’s review and see if he changed his ways or violated any of the issues brought by the bar… From the complaint… COUNT I A significant portion of work performed by … Read more

PBS Need to Know – Elizabeth Warren on The Next Foreclosure Crisis

The 2,300 pages of the Restoring American Financial Stability Act of 2010 comes as home foreclosures have hit a historic high but another potential real estate crisis looms. Many commercial real estate loans will mature soon, and community banks will feel the strain if property owners can’t pay — much in the way bigger financial institutions … Read more

Update from NJ – Bank of New York v. Michael Raftogainis – Foreclosure Case Means Lenders Have to Prove They Hold Mortgage in Atlantic, Cape Counties

Ruling in Brigantine foreclosure case means lenders have to prove they hold mortgage in Atlantic, Cape counties By KEVIN POST Business Editor http://www.pressofatlanticcity.com/ This beach-block home on the 400 block of 26th Street in Brigantine was the subject of a court battle over Bank of New York’s attempt to foreclose on it. The homeowner challenged … Read more