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Thursday, September 23, 2010

US Representative Grayson Asks Supreme Court to Stop Foreclosures


According to the Orlando Sentinel Florida's congressional representative has asked the state's supreme court to stop all mortgage foreclosures handled by a few notorious law firms in florida that have supposedly fudged some of the documentation. If you're falling behind on your payments in the sunshine state, this may end up buying you a little bit more time.

U.S. Rep. Alan Grayson has asked the Florida Supreme Court to halt mortgage foreclosure cases handled by three law firms under investigation by the state's attorney general.

In a letter sent Monday, Grayson urges Chief Justice Charles Canady to suspend cases filed by three firms he calls "foreclosure mills:" the Law Offices of Marshall C. Watson; Shapiro & Freeman; and the Law Offices of David J. Stern.

Together, those firms handle about 80 percent of the foreclosures in Florida, according to Grayson. Attorney General Bill McCollum is investigating whether the firms presented courts with fabricated documents to obtain judgments against homeowners.

In one Jacksonville case, a judge blocked a foreclosure brought by Washington Mutual Bank and JPMorgan Chase Bank, and their law firm, Shapiro & Fishman, and accused them of fraud when it turned out the mortgage was owned by Fannie Mae.

"I respectfully request that you abate all foreclosures involving these firms until the attorney general … has finished his investigations of those firms for document fraud," Grayson wrote.

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