Wednesday, December 15, 2010

Central Florida Robosigning Operation Goes On The Offensive; Sues Foreclosure Defense Attorney For Alleged Libel, Slander

Barry Ritholtz writes in The Big Picture:
  • Sometimes, the best defense is a good offense. That seems to be the approach that notorious robo-signing firm Nationwide Title Clearing has taken in responding to some of its critics.

  • If you are unfamiliar with their name, you might recall earlier this Fall when depositions of several Nationwide robo-signers employees went viral on YouTube (We mentioned these here and here).

  • This, amongst other perceived sleights has upset Nationwide Title, who has sued a St. Petersburg foreclosure defense lawyer, Matthew Weidner, for alleged libel and slander. This is likely to be a terrible, terrible idea.

For more, see When Robosigners Attack!