JPMorgan Chase Sues Florida Foreclosure Law Firm Ben-Ezra & Katz, P.A. Over Files
March 28 (Bloomberg) — JPMorgan Chase & Co. sued the Florida law firm of Ben-Ezra & Katz to force it to return files of foreclosure cases in which the firm represented the bank.
JPMorgan said in a complaint filed March 25 in federal court in Miami that the files include thousands of original promissory notes, mortgages and other documents that “evidence and secure” loans worth more than $400 million. The New York- based bank seeks a court order forcing Ben-Ezra to return the files and unspecified damages.
The Florida attorney general’s office is investigating law firms in the state that handle residential foreclosure cases on behalf of lenders. The probes focus on whether the firms were “fabricating and/or presenting false and misleading documents in foreclosure cases,” according to the attorney general’s website.
On March 25, the attorney general said she had reached a $2 million settlement with one of the firms, the Law Offices of Marshall C. Watson. Ben-Ezra, based in Fort Lauderdale, is one of four law firms still under investigation, the office said.
JPMorgan terminated Ben-Ezra on March 8, according to the complaint. The law firm refuses to return the files because it claims it is owed $5 million, according to the complaint.
More on this report here…
Full case file with attached master servicer agreement below…