Tuesday, March 22, 2011

David J. Stern, attorney for a fraudclosure law firm, sues banks

Embattled foreclosure attorney David J. Stern has filed about $15 million in claims against eight lenders he formerly represented.

Stern recently filed eight lawsuits in Miami-Dade and Broward counties against the very lenders that once hired him to handled tens of thousands of foreclosures.

The lenders are GMAC Mortgage LLC, U.S. Bank, MetLife Bank, Space Coast Credit Union, Chase Home Finance LLC, Ocwen Loan Servicing, Nationstar Mortgage LLC and PNC Bank.

The complaint against GMAC alleges that the mortgage company breached its contract with Stern to the tune of $6 million when it stopped using his services.

Read on.

No comments: