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foreclosure mills

Almost everyone knows that the Law Office of Davis J. Stern has been out of operation for more than two years now,even though the legal entity still exists (mainly for the purpose of suing its former clients for fees). But Stern himself looks like he’s about to lose his license. On April 17, the Florida […]

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If you saw Sunday’s 60 Minutes episode about foreclosure fraud perpetrated by DocX, Linda Green, and LPS, fearing the many faces and many signatures of Linda Green as presented by Lynn Szymoniak, then you missed out. If you saw it and don’t believe that our financial instituions have been perpetrating massive, systemic fraud on an […]

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Did you know that one company is to blame for most, if not all, of the outright fraud found in foreclosures across the country? That one company handles the overwhelming majority of so-called “defaulted” loans? That one company generates—i.e. fabricates—all the paperwork, hires all the lawyers, tracks all the numbers, and pulls all the strings? […]

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This just in: Fannie Mae has banned Florida foreclosure mill Ben-Ezra & Katz from handling any Fannie foreclsoures, effective February 15, 2011. Here’s the text of the memo I got from a source, un-edited except for formatting: Servicing Notice: Termination of Relationship with the Ben-Ezra & Katz Law Firm Fannie Mae has issued the following […]

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It’s becoming more and more apparent that plaintiffs’ foreclosure mill lawyers will lie about almost everything in order to keep their assembly line running. Now, two class-action lawsuits—one in Kentucky, one in Mississippi—threaten to expose the lies that are baked right into the system that the banks use to pick their lawyers. Yves Smith over […]

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Last week, we learned that many foreclosure cases have been granted based on inadmissible “Affidavits of Indebtedness” and falsified assignment documents. This week, some of the foreclosure mill lawyers pushing this fake paper have realized they’ve backed themselves into a corner. [PDF] MR. OSBORNE: It appears that our affidavits will be — will need to […]

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