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Loan Modification
: Mortgage Lender Implode-o-MeterFL JUDGE FINES FORECLOSURE MILL $49,000 for ?SHAM? Paper Work!
By Implode-Explode Heavy Industries
" A circuit judge singled out a Fort Lauderdale foreclosure firm on Monday, finding its business model violates legal ethics and leveling a $49,000 fine for scheduling hearings and then not showing up in court.
Circuit Judge Janette Dunnigan scolded five lawyers from the Smith, Hiatt and Diaz firm in connection with a Manatee County foreclosure case filed in 2007. The firm is one of several ?foreclosure mills? filing thousands of foreclosure cases monthly."
Full post as published by Mortgage Lender Implode-o-Meter on August 31, 2010 (boomark / email).
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