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Loan Modification

: Mortgage Lender Implode-o-Meter

Freddie Mac Halts Use of Law Firm Faulted Over Foreclosures

By Implode-Explode Heavy Industries

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"Freddie Mac, the mortgage-finance company operating under U.S. conservatorship, said it has cut ties with a Florida law firm faulted for mishandling foreclosure documents and is removing loan files from the firm?s offices.... Freddie Mac took the rare step of removing loan files after an internal review raised ?concerns about some of the practices at the Stern firm,? a Freddie spokeswoman said."

Full post as published by Mortgage Lender Implode-o-Meter on November 02, 2010 (boomark / email).

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