Wednesday, August 8, 2012

FL Winding Down Foreclosure Law Firm Investigations

Even though no names were used in this industry news piece I saw this past Mondauy, I'm certain I have done Audits with clowns like these!

"Florida is winding down investigations into several law firms that were suspected of using forged and fraudulent documents in the foreclosure process. The lack of actions against these firms has raised the ire of some.

Florida Attorney General Bill McCollum announced in August 2010 that an investigation had been launched against three law firms that handled foreclosures for mortgage servicers. The firms were suspected of illegally speeding cases through the courts with botched foreclosure documents.
The number of investigated firms expanded, and only one of those firms has since agreed to a settlement with the state. In addition, the state is winding down investigations into the remaining firms."

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