TAMPA TRIBUNE - David Stern's foreclosure law firm cuts 70% of staff. The law offices of David J. Stern and an associated company are laying off 70 percent of its combined staff, according to an email sent to employees Thursday. The terminations come two days after mortgage giants Fannie Mae and Freddie Mac severed ties with the firm.
The attorney general's office last month released two sworn statements by former employees detailing a secret system designed to speed up foreclosures. The employees testified that staff signed documents without reading them or signed them outside of the presence of a notary. The employees allege that attorneys and staff members forged signatures, changed dates and passed around notary stamps.
Some employees were given jewelry, cars and houses from the firm in exchange for altering and forging key documents used to process foreclosures, one of the former employees said in a statement released Monday by the Attorney General.
One employee testified that Stern had relationships with people inside Fannie and Freddie who would tip him off before routine (FEDERAL) audits. Problem documents were then hidden in conference rooms until the auditors left, the employee told the attorney general.
After the testimony was released, Fannie and Freddie sent auditors in to examine files. Both companies announced Tuesday they terminated their relationships with the firm and were removing all of their files from Stern offices, MORE FROM THIS SOURCE...
Tampa's Florida Default Law Group Picks Up the Freddie Mac and Fannie Mae Forclosure Cases From The Decimated Stern Law Firm, What a Joke, They're Up Next.
Tampa's Florida Default Law Group is already under investigation by the Florida Attorney General's office for alleged "unfair and deceptive actions" that may have cost people their homes.
Among the allegations: that the firms, which represent banks, filed "fabricated" documents in court on numerous occasions when the original paperwork needed to foreclose was missing. "Thousands of final judgments of foreclosure against Florida homeowners may have been the result of the allegedly improper actions of the Tampa's Florida Default Law Group currently under investigation," the Attorney General's Office said in a news release.
So, what the hell, is Tampa's Florida Default Law Group going to go under "double secret probation" while they handle the Federal Foreclosure caes of Fannie Mae and Freddie Mac that the Stern Law Office manipulated?
Each and every foreclosure case now filed or previously filed by the Florida Default Law Group and the David J. Stern office needs to be re-examined for the use of forged signatures, changed dates and passed around notary stamps, Federal Indictments are up next boys and girls hope your BMW's are paid off.
Bill Warner Private Investigator, SEX, CRIME, CHEATERS & TERRORISM.