Not exactly sure why, but my thoughts are a bit jumbled today and I can't seem to get it together, we'll try again tomorrow.
In the mean time, anyone need a divorce attorney in Chicago? Try this on for size...
I'm not exactly sure what the Illinois bar has to say about the type of advertising that divorce attorney Corri Fetman is engaging in but after seeing her up close, she better leave the modeling up to models and not leave the office without her photoshop guru giving her a once over.
In other news, we heard an unsubstantiated rumor yesterday that foreclosure super villain David J. Stern has fled the country and is headed to Isreal. Anybody hear anything remotely similar?
Showing posts with label david j. stern. Show all posts
Showing posts with label david j. stern. Show all posts
Tuesday, January 4, 2011
Monday, January 3, 2011
Foreclosure super villain David J. Stern and even more FAIL from the Miami Herald.
We've had our issues with our local rag paper in the past, from our experience they've had a hell of a time over at the Herald, whether it's getting facts straight, misleading it's readers or having a slightly different opinion of what makes "breaking news".
By now we're all too familiar with foreclosure super villain David J. Stern, the Herald reports that Mr. Stern lost his fight to stop a class action lawsuit against his firm, from the Herald article...
By now we're all too familiar with foreclosure super villain David J. Stern, the Herald reports that Mr. Stern lost his fight to stop a class action lawsuit against his firm, from the Herald article...
Court upholds decision on Stern, Wells Fargo
By DIANE C. LADE
Sun Sentinel
A state appeals court in West Palm Beach has ruled a class-action lawsuit claiming Plantation attorney David J. Stern charged excessive fees to homeowners fighting their foreclosures can move forward, three years after it was first filed.
The 4th District Court of Appeal's opinion upheld an earlier decision by Palm Beach Circuit Judge Thomas Barkdull. Barkdull had granted class-action certification to a suit brought by Boynton Beach electrician Loren Banner against his lender, Wells Fargo Bank, Stern and Stern's firm, which handled Wells Fargo's foreclosure work.
The class includes Florida property owners facing foreclosure by Wells Fargo who received reinstatement letters from Stern's office between January 2003 and February 2009. They claim they were charged excessive fees for title searches and examinations, being served foreclosure papers, legal work -- and in some cases, were billed for expenses and mortgage payments not yet due.
``These are people who wanted to save their homes,'' said West Palm Beach attorney Louis Silber, who along with attorney Kirk Friedland is representing the homeowners. ``The improper charges made it much more difficult for them to reinstate their mortgages.''
Jeffrey Tew, the Miami attorney representing Stern, could not be reached for a comment Wednesday.
The suit claims Stern's foreclosure practices violated state laws protecting consumers from unfair debt-collection methods and deceptive trade.
Stern's attorneys had appealed Barkdull's certification, arguing circumstances would be different for homeowners whose mortgages had been reinstated and those who lost their property. Silber said between 1,500 and 2,000 borrowers could join the suit. The class is limited to those with Wells Fargo loans. But some of the practices that the suit alleges generate excessive fees are common to most large foreclosure law firms, not just Stern's.
``We think this will have an across-the-board affect,'' Silber said.
Too bad for Mr. Stern. What's even more interesting than the contents of the article was the photo of Mr. Stern that accompanied the article in the paper, take a look for yourselves...
Who the hell is that guy? Let's take a closer look...
Has David Stern aged horribly since his troubles started? Last time I checked Mr. Stern looked like this...
Turns out true to form, the Herald didn't take the time to proof their story before going to print, the David Stern whose photo they used in the article wasn't David Stern the foreclosure attorney but instead David Stern the commissioner of the NBA.
If they can't get something as simple as a photo right, how the hell can we expect them to get the facts of a story right? Nice going guys.
Thursday, November 18, 2010
Foreclosure fraud super villain David J. Stern defaults on a $12 million dollar loan...
Talk about karma, a unit of the law firm at the heart of the current foreclosure fraud mess, The Law Offices of David J. Stern, specifically DAL Group LLC has defaulted on a $12 million dollar revolving line of credit. From the Bloomberg story...
And his newest acquisition which was rumored to be a 130'+ yacht named "Su Casa Es Mi Casa".
Oh, the irony of the foreclosure king finding himself in default. We're waiting on some documents to come in on the Hilda Cardelle case, more tomorrow.
No matter though, David J. Stern seems to be doing fine himself,Stern's DAL Enters Forbearance Agreement With Bank of America Over Credit
By Dawn McCarty - Nov 15, 2010 7:51 AM ET
A business run by David Stern, the Florida foreclosure lawyer who is under investigation by the state’s attorney general, entered a forbearance agreement with lender Bank of America NA.
The bank agreed not to take action in the period ending Nov. 26 over a default on a revolving line of credit by DAL Group LLC, a unit of Stern’s foreclosure-processing company, DJSP Enterprises Inc., according to a regulatory filing. The credit line, entered into in March, has an outstanding principal balance of about $12 million, DAL said.
Jeffrey Tew, Stern’s lawyer, said earlier this month that Stern’s law firm and DJSP cut about half of their staff after mortgage-financing companies Fannie Mae and Freddie Mac ended ties with Stern. Florida Attorney General Bill McCollum said he is investigating Stern’s law firm because it appears to be submitting “false and misleading” documents in foreclosure cases.
Stern’s businesses continue to operate and have a total of between 400 to 500 employees, Tew said on Nov. 4. DAL received a notice of default from Bank of America on Nov. 5, according to the regulatory filing.
Stern owns a $15 million mansion on an island in Fort Lauderdale, a $6 million beachfront condominium in the city, and a $6 million home in nearby Hillsboro Beach, according to property records...Cars registered under Stern’s name in Florida include three Ferraris, four Porsches, a Rolls-Royce, a Cadillac and the Bugatti, according to the state Department of Highway Safety and Motor Vehicles. He also owns a yacht..."Well, not just one yacht, but several, two of these...
And his newest acquisition which was rumored to be a 130'+ yacht named "Su Casa Es Mi Casa".
Oh, the irony of the foreclosure king finding himself in default. We're waiting on some documents to come in on the Hilda Cardelle case, more tomorrow.
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