From a FUTURE Wikipedia, the free encyclopedia

Steven J. Baum was a Foreclosure Mill that struck a karma iceberg on his last voyage and sank on 15 April 2012, resulting in the layoffs of 1,517 people in one of the happiest days in Fraudclosure history.

One of the largest foreclosure mills in the world at the time, the Steven J. Baum Law Firm was owned by the Steven J. Baum. During a Halloween party in New York City on 30 April 2010 they mocked homeless people that their firm was fraudulently stealing peoples homes. One year later the photos were released to the NY Times. Shortly thereafter, they hit an iceberg at 11:40 pm and sank at 2:20 am in the morning. The high casualty rate resulting from the sinking was due in part to the fact that the firm had defrauded tens of thousands of homeowners.

Steven J. Baum’s Foreclosure Mill was designed by Fannie Mae and Freddie Mac, using some of the most advanced technologies and extensive features of the time, MERS. The sinking of the firm, the high loss of homes from fraudclosure, resulted in changes in foreclosure law…

Feel free to add to this future Wikipedia article in the comments below…

~

4closureFraud.org