Monday, August 1, 2011

Jackass foreclosure mill Phelan Hallinan & Schmieg in big trouble with NJ Bar Ethics Complaint.

Whoa... read the Monday update, these guys lied to the Chief of Security about KingCast/Mortgage Movies so I am filing an Ethics Complaint on them with NJ Bar.


Update Cross-Post: New Jersey Anti-Foreclosure Group.

"A big thanks to Christopher King at Mortgage Movies for the great video."

The movie is coming soon, hopefully late night but certainly by 8am as I am uber tired. This time I will simply quote from others at Lawyers and Settlements as the staff and lawyers at Phelan Hallinan & Schmieg vacate their office and call the police on KingCast/Mortgage Movies and an alleged debtor. Too bad for them when LE arrived they actually agreed with us, and asked "What the fuck is going on here...."

I'll tell you what the fuck is going on here, is that Attorney John Narkin is getting ready to update his class action pleadings and add some things that I'm not going to get into in this space. Also it's not like they can make me go away.... I'll be at every single public hearing documenting all of this sketchy foreclosure action against a guy who has repeatedly asked to see verification of ownership and chain of title and offered payment on his "loan" which is more aptly described as an undisclosed investment contract making millions for greedy banks and their friends with every signature....... Meanwhile all I wanted to ask these knuckleheads was whether they had complied with the current New Jersey mandate to Show Cause. To me it's a logical question because as I queried in my Ethics Fraud update against NH Hillsborough Judge Diane Nicolosi and Schectman, Halperin Savage Attorney Shawn Masterson: Standing is Law School 101....Did you guys pass Civil Procedure class or not?

And who died and made Wells Fargo the Pope... they're more Perp than Pope but still getting away with it here and in the NH case.... Every time I see a law firm acting in this manner I am going to file a professional Ethics Complaint against them for conduct unbecoming.

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Philadelphia, PA: Got to hand it to attorney John Narkin. He's got this foreclosure crisis thing figured out—well, near as anyone can figure it out. The 113-page class-action suit on behalf of distressed homeowners filed by Narkin's firm, BHN Law in Philly, lays out the whole sorry story in amazing detail, complete with links to video clips.

In addition to demanding that well-known culprits in the lending business pay up for the pain they caused, BHN also comes down hard on a law firm that worked with Wells Fargo, N.A., Countrywide, and others. It describes the firm in the documents filed as "a foreclosure mill" with a Gordon Gecko "greed is good" attitude.

"Obviously this is a national disgrace," says Narkin, whose firm specializes in hunting down boogie men involved in everything from securities fraud to consumer protection law.

"The tentacles of the foreclosure mess are amazing," says Narkin. "The mess created by predatory lending is one thing, but consider also what an awful investment collateralized debt lending turned out to be." (KingCast adds that there is yet more to this story but I'm not telling it right now. Just think about the duties to the Trust that are typically violated during collateralization).

Narkin's firm has devoted hundreds of hours to a class-action complaint that alleges that Countrywide, Wells Fargo and a "high-volume law firm," Phelan Hallinan & Schmieg, engaged in fraudulent schemes to collect inflated and manufactured foreclosure fees from financially troubled families in danger of losing their homes.