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I find it VERY suspicious that the supervisor was also fired AND the investigation targeted law firms were praising the firings. Remember these firms were caught red handed submitting fraudulent documents. If they fall THOUSANDS of cases are in jeopardy.

Ultimately, the banks lent the deadbeat home buyers large sums of money. The "fraud" in question relates to the banks having some difficulty documenting the fact that they hold title to the homes. Why has this issue come up? Because the deadbeat home buyers have not made their mortgage payments. The banks are trying to foreclose, and they have loan documents showing that they did in fact lend money to the home buyers. What they don't have, in some cases, is documents showing that they have title to the property, which is slowing down process of foreclosure. The deadbeat home buyers are trying to parlay these paperwork snafus into free homes or rent-free accommodations. It's clear why these deadbeats would want to contest these bank foreclosures, but it is not equally clear why prosecutors should assist them in doing so.

Have you spent any time in Florida dealing with real estate?

You are obviously not too interested in understanding the larger problems involved for the banks now that they can no longer ram foreclosures through the rocket docket courts in Florida.

For every dollar of remaining value in a property that is the underlying collateral for a mortgage in Florida, most of the mortgages themselves were assigned to Securities and sold to third parties.

I work for the third parties, and those who would like to purchase these mortgages from third parties.

These fraudclosure mills are destroying the CRE and RRE market in FLorida for decades here, (and this does not include anything to do with the prior deadbeat mortgage owner you want to villify)... it has to do with clear chain of title and proper conveyance of title to the mortgage backed securities going forward.

The banks can no longer protect themselves by using fraud in the courts, YOU and I, as taxpayers, are now holding something like 250-450 Billion in RMBS, CMBS and other instruments on F***ed mortgage notes in Florida alone.

The Fed, the US taxpayers, and the third parties holding these securities will NEVER get paid back if there isn’t a proper accounting of chain of title, and the FLorida AG is now committing outright political land theft unseen since the carpetbaggers stole Georgia during Reconstruction, and you’re on FR complaining about penny ante BS regarding schmucks in Florida who bought too much house during the bubble.

Take some time to expand your view of the crisis and try to look at it from an angle besides street corner common sense,

I am just as pissed about the people gaming the system in the rocket docket courts over paperwork issues, I’m sitting on a huge loss on my first home purchase in FL, feeling like a sucker.

That anger needs to be directed all the way up the food chain to the big dogs and the whore politicians doing their bidding, in this case Gov Scott and AG Bondi.

I understand your personal bias. The rule of law says the banks MUST show chain of documentation BEFORE they have standing to sue.

it is not optional.

you do not even get to the homeowner unless they can fulfill the strict legal requirements. Through MERS and the default swaps the banks sought to evade the need and thought homeowners would just roll over. They did not.

The fact mortage payments were or were not made is irrelivant. Using the term “deadbeat” is ridiculous because you do not consider the predatory aspects used by banks. Banks had specific appraisers who inflated prices, banks were putting regular loan qualified people into high risk loan products.

deadbeat all you can, the fact is there are serious insiders and the Florida Bar looks to be supporting the mega forclosure mills.

It's clear why these deadbeats would want to contest these bank foreclosures, but it is not equally clear why prosecutors should assist them in doing so.

Because that's the law, and we have equal protection guarantees. If the bank can't prove it holds the right to foreclose, it doesn't get to foreclose.

Not all of the borrowers are deadbeats. But all of the banks involved in these troubles are crooks and cheats. When they have the paperwork down right, things go smoothly.

And in some of the cases, the banks foreclose on a home for no mortgage ever existed

The prosecutors should go after criminals, period. That some of the folks who got cheated by those criminals aren't of sterling character is not of concern.