David Stern strikes back, sues banks
Posted By
Admin on Mar 23, 2011 5:27am PDT
There are no words to describe this one...
Embattled foreclosure attorney
David J. Stern has filed about $15 million in claims against eight lenders he formerly represented.
Stern recently filed eight lawsuits in Miami-Dade and Broward counties against the very lenders that once hired him to handled tens of thousands of foreclosures.
The lenders are GMAC Mortgage LLC,
U.S. Bank,
MetLife Bank, Space Coast Credit Union, Chase Home Finance LLC, Ocwen Loan Servicing,
Nationstar Mortgage LLC and
PNC Bank.
The complaint against GMAC alleges that the mortgage company breached its contract with Stern to the tune of $6 million when it stopped using his services.
The companies abandoned Stern after he fell under investigation by the Florida attorney general for alleged robo-signing practices and for allegedly falsifying documents in the foreclosure process.
Stern has since announced that his law firm is closing