The news is reporting that a Florida attorney just walked away from hundreds of thousands of cases that are pending in Florida courts. This action places hundreds of thousands of defendants in legal jeopardy and will cost our court system millions of dollars in additional work hours that are directly related to protecting the interests of all who are impacted.
Fanne/Freddie, who paid for most of this (with my money) and who should have been supervising, did nothing.
What’s most maddening about this is it happened back in April 2011, we’re all still paying the price for this and no one, no one has done anything at all the parties who are responsible for this…
Nothing from the feds (remember Fannie/Freddie paid millions in advance attorney’s fees and knew long ago about these problems.)
Nothing from the Florida Attorney General (what exactly is happening with all the investigations?)
Nothing at all from any of the many groups or agencies that could do something about this train wreck.
From Today’s Palm Beach Post:
A report issued Friday by the Federal Housing Finance Agency Office of Inspector General said an outside law firm Fannie Mae hired to investigate allegations of wrongdoing confirmed “unlawful” practices and stated that foreclosure attorneys were sacrificing accuracy for speed by filing false documents.
After learning of the attorney misconduct in 2006, Fannie Mae failed to make any improvements in its oversight of the firms.
“The judges are the gatekeepers to jurisprudence, to the Florida Constitution, to access to the courts and to due process,” said attorney Chip Parker, a Jacksonville foreclosure defense attorney who was recently investigated by the Florida Bar for his critical comments about so-called “rocket dockets” during an interview with CNN. “It’s discouraging when it appears as if there is an exception being made for foreclosure cases.”