Fannie Mae Announces Year-End Servicer Performance Scorecard Results
By Daniel Edstrom
DTC Systems, Inc.
Quote from news release dated March 15, 2012:
The STAR Program was created to establish standards and recognize excellence among Fannie Mae servicers in their overall performance, customer service, and foreclosure prevention efforts.
Overall STAR performance rankings are issued on an annual basis each April.
Apparently Fannie Mae missed the flood of Cease and Desist Consent Orders issued by various government regulators on April 13, 2011 for unsafe or unsound foreclosure policies and practices. The government regulators were the Office of the Comptroller of the Currency, the Office of Thrift Supervision, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Federal Housing Finance Agency.
Fannie Mae has apparently missed the fact that nothing has changed and the servicers are not abiding by the Cease and Desist Consent Orders, unless they are doing this in secret or on a limited basis.
Here is the text of the news release, followed by the STAR Scorecard results for the previous quarters in 2011. Continue reading “Fannie Mae Announces Year-End Servicer Performance Scorecard Results”
Foreclosure Mill Law Firms Starting to Meltdown
DTC Systems, Inc.
Foreclosure mill law firm the Law Offices of David J. Stern, P.A. will be ceasing the practice of law with respect to all pending foreclosure matters in the State of Florida. In an 8-K filing dated March 7, 2011 by DJSP Enterprises, Inc., the following was given:
“Item 8.01 Other Events.
DJSP Enterprises, Inc.’s (the “Company’s”) primary customer, the Law Offices of David J. Stern, P.A., has announced that it will be ceasing the practice of law with respect to all pending foreclosure matters in the State of Florida as of March 31, 2011. As a result, the Company does not expect to receive any further file referrals from this customer.”
Continue reading “Foreclosure Mill Law Firms Starting to Meltdown”
Ben Ezra Order to Show Cause Why Ben Ezra & Katz Should Not be Held in Contempt of Court on Feb 11, 2011
From LivingLies, which posted it from 4ClosureFraud.org …
How is this for some timing.
Last night Fannie Mae announced they are dumping this firm and today we get this…
CENTRAL MORTGAGE COMPANY,
EDUARDO GONZALEZ DELREAL
ORDER TO SHOW CAUSE WHY BEN-EZRA & KATZ SHOULD NOT BE
HELD IN CONTEMPT OF COURT ON FEBRUARY 11, 2011 AT 9:00A.M.
From the order to show cause…
Counsel for the Plaintiff, Ben-Ezra & Katz were properly noticed to appear for hearing on January 21, 2011 and failed to do so. The Court attempted to contact Ben-Ezra & Katz to address this matter during hearing, but was unable to get anyone on the telephone.
In the instant Case, Plaintiff filed an action of foreclosure on Defendant’s property located at 1301 SW 2601 h Terrace, Homestead, FL 33032.
Continue reading “Ben Ezra Order to Show Cause Why Ben Ezra & Katz Should Not be Held in Contempt of Court on Feb 11, 2011”