24: GMAC Mortgage tells Freddie mac. law firm whose court filings to support home seizures are being investigated by the state’s attorney general. Citigroup Inc. said that it also had suspended.
Fannie and Freddie’s Foreclosure Barons. a tip about a little-known yet powerful firm, the Law Offices of David J. Stern, a Freddie Mac spokesman had cited Stern’s "good standing.
Fannie Mae and Freddie Mac are referred to as “agency” mortgage securities.).. required by law, the Defendants prepared detailed offering Documents in which.. David Sambol, would remain for at least some time to work on the transition.. presentation concerning the settlement, Bank of America admitted that it was.
A Fort Lauderdale based law firm is the first in the U.S. to agree to pay a settlement in the latest robo signing scheme for mishandling foreclosures. The law offices of Fort Lauderdale based Marshall C. Watson, which handled one of the largest volumes of foreclosures for Freddie Mac until the government withdrew its business [.]
Think Millennials are stalling the housing market? Real Estate Trends – yournewlosangeleshome.com – · Many factors contributed to this market: (1) There was a short supply of houses for sale (2) people who lost their homes due to the housing crisis were now ready to buy homes (3) The Millennials are beginning their home ownership plans and represent a large segment of the population (4) Investors from all over have not stopped buying everything they can get their hands on (5) New.Justice using JPM settlement to pursue other banks The US Justice Department plans to use its tentative $us13 billion (.5 billion) settlement with JPMorgan Chase as a blueprint for similar deals with other banks in probes related. gives.
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David Stern Fees for DJSP Processing Company Revealed Recent documents filed in lawsuits surrounding the collapse of David J. Stern’s foreclosure law firm describe the fees that his company DJSP received per case. DJSP was a spinoff from Stern’s law firm; it briefly became a public company with outside investors. Stern was an executive with.
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public service, and the practice of law in the public interest. This year we.. unique insight into the subprime mortgage foreclosure crisis that can be.. homeowners with a mortgage through Freddie Mac or Fannie Mae, 96 Christie Smythe, Bankrupt Lender Fremont Settles with Mass., Calif., Law360,
Florida attorney David J. Stern sues Freddie Mac over $1.3 million The Federal Home loan mortgage corp. was sued by Florida attorney David Stern, who claims he is owed .3 million for legal services, according to a complaint filed today.
Wells Fargo confirmed today that it is transferring its Florida foreclosure files from David J. Stern’s Plantation-based law firm to other attorneys in the state. Vickee J. Adams, vice president for Wells Fargo communications, gave no reason for the transfers, but they come one week after Fannie Mae and Freddie Mac took its cases from Stern.