For the third straight year, Utah was among the worst states in the U.S. for the rate of foreclosure filings per household, according to a recently released nationwide report. Two state lawmakers now want to do something about it.
Irvine, Calif.-based research firm RealtyTrac reported this month that Utah had the nation’s 5th highest foreclosure rate in 2010, representing nearly 20 percent hike from 2009 and a 119 percent jump from 2008. The report showed that one in every 29 Utah housing units received a foreclosure filing last year.
Click Here to Read: Utah Lawmakers Look To Reduce Foreclosures...
Showing posts with label Lawyers. Show all posts
Showing posts with label Lawyers. Show all posts
New York Judges Hold Foreclosure Lawyers Responsible For Filings
As foreclosure cases continue to pour into courts, judges in New York are holding their fellow legal professionals accountable for their role in perpetuating foreclosure fraud.
Judges in the state say foreclosure lawyers have filed often ludicrous paperwork on behalf of their clients, which Nassau County District Court judge, Scott Fairgrieve, told the New York Times, "reflects poorly on the profession as a whole." Another judge referred to a lawyer's filings as "ludicrous," among other jabs.
Click Here to Read: New York Judges Hold Foreclosure Lawyers Responsible For Filings...
Judges in the state say foreclosure lawyers have filed often ludicrous paperwork on behalf of their clients, which Nassau County District Court judge, Scott Fairgrieve, told the New York Times, "reflects poorly on the profession as a whole." Another judge referred to a lawyer's filings as "ludicrous," among other jabs.
Click Here to Read: New York Judges Hold Foreclosure Lawyers Responsible For Filings...
Philadelphia Law Firm Used Nonlawyers to File Foreclosures, Suit Alleges
A Philadelphia law firm has been accused of the “unauthorized practice of law” by using nonlawyers to file hundreds of foreclosure cases and collect attorneys’ fees, according to a lawsuit.
In a further indictment of the mortgage industry, it also contends that banks, loan servicers and other creditors knew of the practice.
Patrick Loughren, a Pittsburgh, Pa., trial lawyer with Loughren, Loughren & Loughren, sued the law firm of Goldbeck, McCafferty & McKeever, along with 35 employees of the firm, according to the case, filed in Allegheny County, Pa. Messages seeking comment were left with the Goldbeck firm and Loughren. They could not be immediately reached for comment.
Click Here to Read: Philadelphia Law Firm Used Nonlawyers to File Foreclosures, Suit Alleges...
In a further indictment of the mortgage industry, it also contends that banks, loan servicers and other creditors knew of the practice.
Patrick Loughren, a Pittsburgh, Pa., trial lawyer with Loughren, Loughren & Loughren, sued the law firm of Goldbeck, McCafferty & McKeever, along with 35 employees of the firm, according to the case, filed in Allegheny County, Pa. Messages seeking comment were left with the Goldbeck firm and Loughren. They could not be immediately reached for comment.
Click Here to Read: Philadelphia Law Firm Used Nonlawyers to File Foreclosures, Suit Alleges...
Subscribe to:
Comments (Atom)
