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This post by Roy Oppeneim was originally published in Yahoo! Homes and is being redistributed on South Florida Law Blog with their permission.

Bruce SpringsteenMy friends, the drumbeat is growing louder and louder. Each and every day another voice is joining the chorus.

Soon, I hope, it will be impossible for even the most devout pro-Wall Street politician to ignore.

It’s time to end Too Big To Fail, and there’s only one way to do that. Get out the hammer and break up the banks. Make them manageable and accountable, and remove the stranglehold they have on our economy, our politicians, and our government.

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Steve Dibert, MFI-Miami

“Man looks in the abyss, there’s nothing staring back at him. At that moment, man finds his character. And that is what keeps him out of the abyss.” -Lou Mannheim

For nearly two and half years, I have been writing about how two major foreclosure mills based in Michigan have been committing document fraud in close to a half dozen states and how they have escaped the scrutiny of two Michigan Attorney General Bill Schuette and his predecessor, Mike Cox because of their political ties and contributions to both their respective political campaigns and contributions to the Michigan Republican Party.

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According to the February edition of the California Bar Journal, in an article written by State Bar president Patrick Kelly, the State Bar of California has offered to administer a $10 million grant program that will make $9 million available to provide legal representation to California families facing foreclosure.

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Steve Dibert, MFI-Miami

On Thursday, Lender Processing Services along with its subsidiaries, LPS Default Solutions and DocX reached a multi-state settlement to resolve allegations of unlawful foreclosure practices and robo-signing for $121 million.  The agreement stipulates that LPS and its subsidiaries to reform their business practices and, if necessary, to correct documents it improperly executed that harmed homeowners.

As part of the settlement, LPS admitted that DocX committed so-called “surrogate signing,” which is a softer way of admitting to “robo-signing”.  Robo-signing which is the signing of documents by unauthorized individuals in the name of another and notarizing those documents as if they had been signed by the proper person.

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My mother was always a very understanding person.  She used to say things like, “Everyone makes mistakes.,” or, “Mistakes happen,”  whenever something inadvertently got screwed up.  And as parent, I’ve heard the same words come out of my own mouth too.

 

But, everything has its limits, right?  I mean, I don’t think my mom would have said, “everyone makes mistakes,” if someone driving down our street had accidentally run over one of her children.  Or, if she was getting her hair done at the salon and her stylist accidentally set her hair on fire… somehow I don’t hear her saying, “oh, it’s okay… mistakes happen.”

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