Monday, August 30, 2010

State Bar Confirms Probe Into South Florida Foreclosure Mill

The South Florida Business Journal reports:

  • The Bar also confirmed Aug. 16 that it is also investigating Stern for numerous allegations of violating attorney regulations, including whether his running of DJSP Enterprises, a publicly traded company, is in compliance.

For more, see Florida Bar previously disciplined Stern.

For more on this outfit, see The Florida Foreclosure Fraud Weblog:

  • Forged foreclosure filings by David J. Stern anger Pasco judge ("[T]he notary’s stamp [on an assignment of mortgage] said Terry Rice’s commission expired on May 19, 2012. That stamp could not have been lawfully issued any time before May 19, 2008. So that assignment document wasn’t really signed on December 5 of 2007 – unless our notary has discovered a way to travel in time.");

(1) Reportedly, Stern received a public reprimand in 2002 for billing practices that made it appear he was paying other companies for work on title insurance, when he was actually using in-house staff. See More On Alleged South Florida Bogus Foreclosure Document Manufacturing Foreclosure Mill, footnote 1, for more links to other past allegations made against Stern.