Foreclosure Defense Florida

The Lender Processing Service Depositions- And An Open Letter to The Top

It’s not just our foreclosure courtrooms that are in chaos, it’s our entire real property ownership system.   Important functions of thousands of our county public recording offices were turned over to a private company with 50 employees and 20,000 “certifying officers” and now record title ownership is tied up like a Gordian Knot. (And guess what….gordian knots don’t get undone.)

One of the many reasons our courtrooms are in such chaos is the practice of law has been turned over to computers and “platforms” and the production of legal work product has been outsourced to Guam and the Phillipines.   We’ve had some relatively honest and uncoached depositions thus far, but the depositions are going to evolve, the witnesses are going to get coached and the depositions will start to read more like an Abbot and Costello, “Who’s On First Routine”….

(For a Little Fun, Watch This YouTube Video of The Famous Who’s On First Routine)

Abbott: I say Who’s on first, What’s on second, I Don’t Know’s on third.

Costello: Are you the manager?

Abbott: Yes.

Costello: You gonna be the coach too?

Abbott: Yes.

Costello: And you don’t know the fellows’ names?

Abbott: Well I should.

Costello: Well then who’s on first?

Abbott: Yes.

Costello: I mean the fellow’s name.

Abbott: Who.

Costello: The guy on first.

Abbott: Who.

Costello: The first baseman.

Abbott: Who.

Costello: The guy playing…

Abbott: Who is on first!

Costello: I’m asking YOU who’s on first.

Abbott: That’s the man’s name.

Costello: That’s who’s name?

Abbott: Yes.

Costello: Well go ahead and tell me.

Abbott: That’s it.

Costello: That’s who?

Abbott: Yes.

PAUSE

Costello: Look, you gotta first baseman?

Abbott: Certainly.

Costello: Who’s playing first?

Abbott: That’s right.

Costello: When you pay off the first baseman every month, who gets the money?

Abbott: Every dollar of it.

Costello: All I’m trying to find out is the fellow’s name on first base.

Abbott: Who

Keep this Abbot and Costello routine in mind as we go forward now, cause depos are going to sound more and more like it going forward…..

LPS

LPSDepo-LPS-VP Greg-Allen 1-13-2010

LPSScott A. Walter.Lender Processing Services.January 13.2010

LPSWalter

Letter to theTop on Securitization

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