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Saturday, July 16, 2011

'Florida fraud report key to New York foreclosure case'

from palm beach post.........

"A foreclosure fraud report compiled by two ousted Florida investigators was instrumental this month in winning a New York homeowner her case.
The report by former state assistant attorneys general June Clarkson and Theresa Edwards is a step-by-step account of how some lenders allegedly sidestepped foreclosure laws using flawed and possibly fraudulent paperwork. The report, which cites Ocwen Financial Corp., a loan servicer that has workers in West Palm Beach, was first reported in The Palm Beach Post.
Edwards said she and Clarkson were abruptly asked to resign or face firing from the attorney general's office in late May without reason and with no time to brief other employees on their foreclosure investigations.
Florida foreclosure defense attorneys said it's ironic that the duo's findings would be used as evidence in a New York case after they were asked to resign in Florida despite positive performance reviews. The most recent evaluation of Edwards noted that her foreclosure investigation "has been instrumental in triggering a nationwide review of such practices."
"It is telling that, once again, a New York court is more interested in exposing fraud taking place right here in Palm Beach County than our own Florida courts, even citing to the investigation of the Florida Attorney General," said Tom Ice of Ice Legal in Royal Palm Beach"............READ MORE

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