(I wonder what happens to all those files that got transferred? So much for that swarthy swagger I saw in court yesterday, the mill attorney proudly asserting the right for any old party to foreclose, picking up files and arguing for one firm after another, just having a field day in the courtroom…a real grand pooh bah.)
Federal mortgage giant Fannie Mae has cut ties with a second South Florida law firm handling its foreclosure cases, requiring an immediate transfer of those files to other attorneys and likely causing more turmoil in the state’s foreclosure courts.
The termination of its relationship with the Fort Lauderdale firm of Ben-Ezra & Katz, P.A. was announced today in a notice to loan servicers. The notice says payments to the firm should be stopped immediately and gives servicers a Feb. 15 deadline to find new firms to handle the Ben-Ezra & Katz files.
Praise God, these guys have been riding under the radar for too long. I was extremely shocked with they were not one of the firms under investigation by the FL AG.
Isn’t a rather obvious issue – What exactly has been Fannie Mae’s role in all these thousands of foreclosure cases? Is it acceptable that Fannie Mae hides in the shadows behind “loan servicers” that are advancing payments to attorneys “handling its [Fannie’s] foreclosure cases?” These same “loan servicers” come into courtrooms all over Florida and falsely assert “ownership” of those same Fannie Mae loans in order to foreclose. When will Fannie come clean about its own improper behavior?