Friday, July 29, 2011

Banksters Dodge Big Bullet In Major Florida Supreme Court Foreclosure Fraud Case; Reach Settlement With Screwed-Over Homeowner

In Tallahassee, Florida, The Associated Press reports:
  • Both sides have agreed to settle a high-profile foreclosure fraud case pending before the Florida Supreme Court. Details of the settlement were not disclosed in a brief stipulation filed Thursday with the high court. The 4th District Court of Appeal in West Palm Beach had certified the case as a matter of "great public importance."


  • The appeal court ruled Roman Pino couldn't try to prove the Bank of New York Mellon defrauded him when it foreclosed on his Greenacres home. That was because the bank had voluntarily dropped the foreclosure action. The bank was represented in the foreclosure by a law firm being investigated by the state on allegations of "robo-signing" and other questionable practices. The Plantation law firm was headed by David J. Stern. It has since closed.

Source: Florida Supreme Court foreclosure case settled.

See Use Of Voluntary Dismissal To Dodge Scrutiny After Failed Attempt To Dupe Court By Producing, Filing Dubious Docs At Issue In Recent Foreclosure Suit for earlier post on this case.