Today the Florida Attorney General Economics Crime Division announced it launched an Official Investigation into the practices of the Florida Default Law Group and Docx, LLC a/k/a Lender Processing Services.
The investigation is over allegations of:
“…fabricating and/or presenting false and misleading documents in foreclosure cases. These documents have been presented in court before judges as actual assignments of mortgages and have later been shown to be legally inadequate and/or insufficient. Presenting faulty bank paperwork due to the mortgage crisis and thousands of foreclosures per month.”
FDLG, often referred to by FL consumer attorneys, foreclosure victims and activists as one of the largest foreclosure mills in the State, appears to work closely with Lender Processing Services — which is the same company, many have complained about and then noted in a recent Wall Street Journal piece, as under investigation by the Justice Department.
If you are in danger of foreclosure you should always challenge the legality of it. If you don’t do so the Judge will allow the foreclosure to go through -whether or not it’s legal, and that could come back to bite you. (See below video)
It’s important to make certain the lender attempting to foreclose on your property is in fact the actual owner of the Note. And further, that all paperwork and mortgage servicing documents are free from forgery, fabrication or bank error. And the truth is, many ARE NOT.
The Consumer Warning Network and their investigative journalists who have been helping to expose deceptive and often illegal foreclosure practices urges all homeowners who may be in default and fear a foreclosure suit may be filed against them, to make sure to demand in writing that heir lender produce the note. (See below video)
More and more judges and attorneys are educating themselves as well as others on the true extent of fraudulent foreclosures. And more and more homeowners are uncovering documents riddled with suspicious signatures and dates that don’t coincide with when their loan was closed or sold.
Homeowners need to be vigilant and make use of these cases and ongoing investigations by bringing them to the attention of Judges involved in their case and their State Attorneys General. An informed judge can be a homeowners best friend -especially if the Judge uncovers a fraud being perpetrated in the courtroom.
And think about this…
If a “lender” who doesn’t actually own the note to the property, is in fact allowed to foreclose on it anyway, what will happen when the REAL lender stands up and says he wants to be paid -by you?
What do you do when the Judge lets the bank get away with foreclosurefraud and the facts of law. We lost our home without being in arrears. I am not giving up I have one of the worst cases you will ever hear.
Yes, this is the crux of the effects of this mess. The original lender can come back against the owner, and will likey get at least a deficiency judgment. Homeowners should be fighting this, not to just get a house free and clear. At this point, it seems that even if the house ends up free and clear, that doggone original lender has rights to collection. The debt is owed somewhere, it just seems that the house no longer secures it.