Grayson calls on Florida Chief Justice to halt “foreclosure mill” cases � Florida Independent: News. Politics. Media

Grayson calls on Florida Chief Justice to halt “foreclosure mill” cases � Florida Independent: News. Politics. Media:

"Citing the reporting of Mother Jones and the New York Times, Congressman Alan Grayson has sent a letter calling on the Chief Justice of the Florida Supreme Court to “abate” foreclosure cases involving three law firms currently under scrutiny from the Office of Attorney General Bill McCollum until the investigation is complete.

NOTE insertion: read full article by clicking title link. Follow links to see original information. The letter by Grayson is on several websites.

“If the reports I am hearing are true, the illegal foreclosures taking place represent the largest seizure of private property ever attempted by banks and government entities,” Grayson wrote. “This is lawlessness.”

The Attorney General’s investigation specifically names the Law Offices of Marshall C. Watson, Shapiro & Fishman, and the Law Offices of David J. Stern. Together, Grayson wrote, they account for nearly 80 percent of all foreclosure cases in Florida.

In its�press release announcing the investigation, McCollum’s office said  >>>>keep reading


Also check out  Living Lies article on same

GMAC reports of halted foreclosures: NOT correct

Sept 20, 2010 -  Earlier today GMAC was reported to have halted foreclosures in 23 states.   Then  later they seemed to recant that with this statement issued in a press release and reported in many news articles and on blogs across the country.  The statement that cause the firestorm was this one:

"Recent reports have stated that GMAC Mortgage instituted a moratorium on all residential foreclosures in 23 states.  This is not true.  In fact, all new residential foreclosures are continuing in the ordinary course of business with no interruption in our usual practice."

I contacted GMAC for clarification,  and  in their response to me,  indicated  the latest reports are correct  and that GMAC will not go beyond the scope of  the press release  statement. 

" we have not put a moratorium on all residential foreclosures in 23 states.  All new residential foreclosures are continuing in the ordinary course of business with no interruption in our usual practice."  stated Jim Olecki

So as you can see from their response, they are sticking to their story. 


Earlier reports had  indicated a solution was in place for the signature/ notary process.  So, it remains to be seen what will be done in the future weeks.  I can appreciate  their position - even if I do not agree with it at all.  


READ also:  http://zingervotes.blogspot.com/2010/09/gmac-reports-of-halted-foreclosures-in.html

Political Economy - Ally's GMAC mortgage unit temporarily halts evictions in 23 states

MY NOTE: sound familiar???? the suspension reasoning - OH YEA!

Political Economy - Ally's GMAC mortgage unit temporarily halts evictions in 23 states:

Ally's suspension may be due to several cases in Maine being pursued by a group of pro bono attorneys. While investigating complaints by homeowners about unjust foreclosures, the group discovered that the filings were all signed off by one GMAC employee, the "team leader for document execution."

In his deposition, this employee -- who signed documents for foreclosures across the country -- stated that when he signs them, he does not know what information the file contains other than the borrower's name, that he does not inspect the exhibits he's supposed to, and that the notary who supposedly witnessed his signing was not in the room. r

ead fulll article 

Here's the full list of states that are affected: (from article referenced above)

"Connecticut

Florida
Hawaii
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Nebraska
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Pennsylvania
South Carolina
South Dakota
Vermont
Wisconsin"

read fulll article by clicking title link above. stay tuned for more news as more is coming down the newspipe!