Friday, February 11, 2011

Fannie Mae Fires Florida Foreclosure Law Firm Ben Ezra – Does The Court look at Foreclosure Files From That Office With an Extra Level of Scrutiny?

This isn't the apprentice, but someone got fired. It was announced yesterday that Fannie Mae fired Ben-Ezra & Katz, P.A. Ben Ezra is the second South Florida foreclosure firm that Fannie Mae has fired in the last couple of months. The Law Office of David Stern was the first to be fired for alleged document process irregularities. Fannie Mae sent a letter to Ben Ezra Thursday afternoon informing them of the news. A Fannie Mae spokeswoman stated that they "became aware of certain document execution issues at the Ben Ezra law firm regarding its processing of foreclosure cases on Fannie Mae's behalf." Fannie Mae advised its mortgage servicers to move any files currently held with Ben Ezra to other firms within Fannie Mae's Retained Attorney Network in Florida. Fannie Mae gave a February 15 deadline for servicers to find new firms to handle the Ben Ezra cases.  When we review a file for irregularities and it's a David Stern or Ben Ezra file, we look at the file with extra level of scrutiny; I wonder if the Courts do too? If you have lost your home to foreclosure or are in foreclosure and either of these firms are involved, I would have a foreclosure lawyer review it for signs of "issues." Most defense attorneys offer a free initial consultation. Anyway, I wonder who'll be next to be axed.