No longer such a high-flyer, the David J. Stern law firm is now being investigated and sued in a class action. The impact on pending Florida foreclosures and what the firm’s underlying conduct means for the future of the state’…
Judges in several states are emerging as defenders of due process and the rule of law when confronted with the banks’ rampant use of false foreclosure paperwork. Alas, that’s not so true in Florida, where a foreclosure can be h…
Now that N.Y. Chief Judge Jonathan Lippman has considerably tightened the state’s foreclosure rules, his effort to eliminate robo-signing has greatly raised the stakes for the banks’ attorneys. But what will the practical impac…
Attorneys will have to certify under penalty of perjury that they have personally reviewed all the key documents and that they have spoken directly with their clients, the foreclosing financial institutions. That will disrupt t…
Court affidavits by Ally Bank subsidiary GMAC Mortgage were signed by people who didn’t personally know if the information in the affidavits were true, and at times, didn’t get the affidavits notarized.
Continu…