Sounds like BS to me without seeing some evidence to back it up.
What is the track record of these two prosecutors on issues unrelated to mortgage fraud? And I’m not talking about glowing reviews. I’m talking about putting criminals behind bars.
From "Fact over Fiction":
A spokeswoman for Bondi, Jennifer Krell Davis, said the economic crimes division “continues to actively pursue the investigations into foreclosure law firms.” She said the division’s director, Richard Lawson, is leading the inquiry into one of the state’s largest foreclosure firms and is supervising other cases.
“The division has made these investigations a top priority and will continue to actively pursue all of our investigations into foreclosure law firms,” Davis said in an e-mail, adding that Lawson had assigned 14 attorneys and investigators to work on the cases that belonged to Edwards and Clarkson.
Sounds to me like these ladies had some problems with their investigations, and Bondi is trying to make sure it is done correctly.
source: http://www.factoverfiction.com/article/1442
Also, the firing of TWO people does not a conspiracy make. Remember when Clinton fired the entire U.S. Attorney General brigade? Nary a word or investigation from the press.
When Bush fired four or five, the liberal media wet themselves and cried for Karl Rove's head.
Here, we see Republicans "cleaning house" a little bit, and more panic mongering from the media.
Trust me, the Palm Beach Post (where the firings were apparently first reported) and the Fort Loserdale Sun-Slantenal are NOT fair and balanced news sources.
Since I don’t live in Florida I am not really in a position to know whether there is any validity to his complaint. By reputation though, most of the legal proceedings in Florida seem to be....ummm.....ethically questionable, regardless of the party in power.
Well, Joe, he is from Joysey afterall! Might be a Corsine Republican....just sayin'!
Example: You buy a home for $300,000 in 2005. Your income is $30,000. The teaser rate is 3%. The broker puts down $60,000 for your income. Countrywise holds the loan.
In 2008 you lose your job. You try to sell the house. Find the going rate in Florida is $120,000. Ask bank for permission to short sell. Bank is already bankrupt. Contact clerk to find out who owns the loan. No sale of loan on file. You don’t get any payment strips for six months. When you do, it is MERS. You send in payments, but they say you are already six months behind and say you must pay $4,500 in back payments, plus penalties of $3,500, and by the way the teaser rate is over so your interest rate has gone from 3% to 8% and your payment has doubled to $2,500 per month ($2,000 on the loan, and $500 for taxes and insurance). You go to court to verify whether the MERS info is correct.
MERS files foreclosure, even though they sold your loan in seven tranches in securities owned by seven different companies, including two in Europe. The buyers were told by MERS that this was all legal. However, although MERS is no longer the legal owner of the mortgage, they keep servicing the loan, and do not tell you the loan was sold, or file the legal papers with the county clerk where you live. Furthermore, MERS has lost or misplaced all original records proving they owned the loan in the first place.
Your lawyer asks for proof MERS owns the loan (which they don’t). MERS hires a company that forges the necessary papers. They barely needed to bother, as the judge will be going to work for the foreclosure law firm next month. At least one felony, and possibly four, have been committed. none by you.
Sadly, this is typical - although Florida judges are looking more closely in some counties.