GIANT STERN LAW FIRM FIRES EMPLOYEES

Reports are coming from various sources that all, or nearly all of the employees of the Law Firm of David Stern, one of the largest foreclosure mills in the country, received an email this morning telling them to be out by noon. Stern made tens of millions of dollars on filing foreclosures that are now being investigated by numerous civil and criminal authorities. Investors in Stern’s firm or affiliates included little known boutique investment firms that may have been specifically created for the purpose of funding Stern and some of the other foreclosure mills in the country.

Law firms are reporting a blizzard of resumes coming from ex-Stern employees, lawyers, clerks and secretaries.

Living lavish life-styles with personal jets and yachts, the companies that were hand-picked by Wall Street to grind out foreclosures, create the paper, and get the documents executed, whether right or wrong, these firms seem to be the unlucky target of what is shaping up to be a public relations attack blaming the law firms and paperwork mills for the problems with foreclosures. If it works, the Wall Street captains will have successfully insulated themselves from criminal and civil charges.  It will also divert attention, Wall Street hopes, from the worst case scenario: a finding that it is the mortgages themselves that are defective and not just the foreclosures.

19 Responses

  1. Some New Info for New Century Mortgage and Home123 victims

    http://www.scribd.com/doc/20887303/New-Century-Mortgage-Forgeries-Notarized-Illegal-Stamped-Signatures-Newsletter-Nagy

    Newsletter contains information on robo-signer Stephen L. Nagy or Steve L. Nagy and the New Century robo-notaries.

    Keep in mind that in discovery their bankruptcy trustee responded that the assignments were done in blank, meaning Nagy signed and Notary notarized but the
    entity who deed or mortgage got assigned to was not yet written in or typed into the assignment document.

    You all also should check and verify with California Secretary of State the validity of each of their notaries signatures on the notary bond and compare it to any documents notarized. One notary was Andres Rojas.

  2. We need to reveal some more robo-signing, fraudulent document foreclosure mill law firms. There are more than you think. This has been going on for longer than you think, too. Since the inception of MERS, all the loans with MERS in the Note and/or Mortgage have created fraudulent documents. So, if you bought a house or land in the past ten years, chances are it is fraudulent because the existence of MERS separates the note and the mortgage right from the moment you sit down at the closing table and sign your name to the Note and Mortgage. Of course, none of us were told what the existence of MERS was nor that our loan would be sold within a few days or weeks and no ASSIGNMENT would be used to properly document the transfer. Sue them; they need it. It seems that the courts are the only way to fight back. http://www.challengingforeclosure.com
    Sirak@challengingforeclosure.com

  3. This law firm has allegedly filed thousands upon thousands of fraudlent docs and assignments in floirda, with rob signers, and claims of lack of service, when they really did not investiagte. They have helped secure a majority of the title issues in florida.

  4. @juicejuice11550 im laughing my ass off. Right on brother, right on !

  5. DJSP debuted on NASDAQ in January @ $9.25.

    @ 3:53 PM today it was @ 77cents.

    One can only hope that the $140M purchase had a buyback or some other agreement that only kosher would suffice. I’d love to see Stern’s casa be a 8X10 in a fed PMA prison.

    mi celda es de su casa
    =
    My jail cell is from your house

  6. Let’s not miss the real point here Stern’s firm ,his lucrative IPO , thus lavish lifestyle was made possible by taxpayer money funneled through Fannie Mae and their puppets in DC! And Barny Frank waltz’a right back in to the ATM aka the American Taxpayer! Good job people of Mass…

  7. The next to fall…. McCalla Raymer.

    See this news story:

    http://www.wsbtv.com/video/25636610/index.html

    Yes, I had a hand in this.

  8. Wells fargo Has to be next

  9. @Angelo, not only Steven J. Baum. Also Fein, Such & Crane and Rosicki and Rosicki Associates as well…..What a bunch of scum bucket low cut throat no moral having low down dirty dogs they are. Wait till jugdment day. There will be no water where they’re going……

  10. can we guess who will robo sign their foreclosure documents once they are no longer able to pay for their homes?

    i do not know if it is legal or not but who will hire these bunch of felons?

    as far as I am concerned they are black listed.

    Some questions and answers for their future foreclosure mill bottom feeder attorneys

    What did you do for your former employer?

    I signed very efficiently, blindly and carelessly any crap they gave me.

    what can you do to improve our foreclosure mill system?

    i can Notarize with some one else’s seal from another state and I will sign for some one else and assume fictitious identities to break the law.

    i will make you the pretender lenders maximize your profits gained from the biggest and massive ponzi scheme ever.

    I will scream at the borrowers and make their lives miserable.

    I will lie in court and withhold evidence, tamper with evidence and defraud the court and the citizens of the state where I am licensed to practice.

  11. Well, we need to post the names of other foreclosure mills around the country. We have some here in SC as well. McDonald, McKenzie, Rubin MIller and Lybrand LLP. I hear some of the biggest are in NYC and Long Island–probably see who some of them are from Judge Schack’s decisions.
    http://www.challengingforeclosure.com Sirak@challengingforeclosure.com

  12. Benjamin Pliskie at Blommer Peterman
    serves as
    an Adjunct Professor for the College of Business at Cardinal Stritch University, where he teaches courses focusing on business law, business ethics, and American government.
    He is currently a member of the State Bar of Wisconsin.

  13. Blommer Peterman Lawfirm in Milwaukee Wisconsin hopefully will be going down soon-robo signers…
    Deborah A. Blommer
    James M. Peterman
    Benjamin J. Pliskie
    Shannon K. Cummings
    Christina Demakopoulos
    Chaz M. Rodriguez
    Russell J. Karnes

  14. Jan , we talk about CHINA. May be STERN move to CHINA with all his money :

    http://www.bloomberg.com/news/2010-10-19/florida-attorney-buys-bugatti-yacht-mansion-with-his-foreclosure-fortune.html

  15. THESE PEOPLE ARE SLOWLY HELPING US.

    HERE IS MY ORIGINAL OBJECTION TO MOTION FOR RELIEF FROM STAY AND THE AMENDED OBJECTION WHICH WAS NECESSARY AS ONEWEST FILED AGAIN AS ONEWEST MOVANT AS AGENT FOR DEUTSCHE BANK. THE HEARING IS NOVEMBER 18, 2010. (JAN VAN ECK DID THE PROOF READING)

    THESE ARE BEST READ TOGETHER TO GET THE FULL PICTURE OF THEIR SCREW UPS.

    ORIGINAL MOTION BY ONEWEST AND MY OBJECTION:

    http://www.scribd.com/doc/39002836/ONEWEST-HAS-NO-STANDING-MOTION-FOR-RELIEF-FROM-STAY-WITH-OBJECTIONS

    MY AMENDED OBJECTION AS ONEWEST ADDED AS AGENT FOR DEUTSCHE BANK.. SCUM

    http://www.scribd.com/doc/41065815/DEBTORS-AMENDED-OBJECTION-TO-RELIEF-FROM-STAY-Amended-Objection-Final-11-04-10

  16. NDEX WEST IN TEXAS IS NEXT !!! HAVE EMPLOYEES OF THEIR COMPANY SIGNING ON BEHALF OF MERS

  17. I would observe that, a few months ago, the Stern Law Firm “sold itself” to outside investors for a reported $140 million, which Dave Stern pocketed, and moved offshore to Bimini. His palatial digs in South Florida is on the waterway, with a 140-foot (at least) motor yacht that was tied up at the door. At last report he plus yacht are on the high seas. Anybody know if he flew the coop?

    My guess is that the current value of the shares in Stern Law are worth zero. Considering that the “investors” were pond scum seeking large profits from the abuses heaped out by the Mill, I have no sympathy for them. Stern (so far) seems to have made out handsomely.

  18. I hope Steven J Baums firm is next in-line to go.

  19. At the risk of sounding slightly vindictive….I hope they all get foreclosed on, and have to live in a tent city just north of Fargo for the winter. Might as well hope for a 100 year record winter while I’m at it.

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