Home -> Law Blog Directory -> Loan Modification Blogs -> Mortgage Lender Implode-o-Meter

Loan Modification

: Mortgage Lender Implode-o-Meter

Florida "Foreclosure King" Stern Tries To Illegally Abandon Cases

By Implode-Explode Heavy Industries

``Palm Beach County Chief Judge Peter Blanc has been weighing his options following the March 4 letter from former ?foreclosure king? David J. Stern that said his firm was ceasing foreclosure operations at the end of the month and leaving about 100,000 cases statewide in limbo. On Friday, Blanc responded by saying the decision to end the firm?s representation of cases with a single letter to all chief judges has no basis in law, and therefore cannot be considered as an ?effective or legal termination? of his obligations. ''

Full post as published by Mortgage Lender Implode-o-Meter on March 30, 2011 (boomark / email).