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Some Foreclosures Will be Stalled
February 4, 2011

There was a homeowner being foreclosed on in West Palm Beach and the homeowner was fighting it.  Due to his lawsuit, it may cause the government to look at the state law.

Roman Pino was being foreclosed upon and the bank's attorney, David J. Stern, which is being investiaged for filing fraudulent documents, did not file these foreclosure documents properly.  The Appeals Court rquested the Florida Supreme Court to consider this matter of "great public importance", as there is evidence of fraud by many lenders, mortgage servicers and law firms in the way documents were prepared and filed.

The Appeals Court stated "we conclude that this is a question of great public importance, as many, many foreclosures appear tainted with suspect documents".    It seems that attorneys who were diluged by foreclosure documents, and were looking at just making the "big bucks" were sloppy and might have been fraudulent in the way they prepared these foreclosure documents.

During the "big boom", there were evidently fraudulent mortgages and sloppy paperwork and, unfortunately, the homeowners are the ones suffering now.  If you are a victim of a potential foreclosure, have an attorney look at the paperwork.

We will always keep you posted.

Have a great day and enjoy!

Elsie Kempsey & Julie Ludovico

Team Tropic Hernando/Tropic Shores Realty

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