Saturday, May 21, 2011

Ex-Foreclosure Mill King Says Servicers Stiffed Him Out Of $34M+

Housing Wire reports:
  • Foreclosure king no more, David J. Stern is fighting back against former clients whose business once elevated him to one of the richest and most well-known default services lawyers in the country.
  • The fight is taking place largely in state and federal courtrooms via 25 lawsuits where Stern alleges that the biggest names in the mortgage industry owe him more than $34 million in unpaid invoices. The fight includes at least two major mediation cases, as well.

For more, see David J. Stern launches legal battle against nation's biggest mortgage servicers.

See also, Broward/Palm Beach New Times: David J. Stern Employs Gigantic Balls and Asks for Money in Possibly Shady Cases his Firm Handled.