02 Apr Is Fidelity National Default Solutions illegally sharing attorney fees?
Gretchen Morgenson and Jonathan D. Glater wrote an excellent piece in The New York Times which discusses the law firms that handle foreclosures for mortgage servicers.
These firms, known as “foreclosure mills,” crank out thousands of foreclosures every year, and the biggest mills may be illegally “kicking back” fees to the biggest default servicing company, Fidelity National Default Solutions. The result is that the original lender and the borrower pay inflated attorney fees and costs in the foreclosure and bankruptcy process.
More and more consumer lawyers are wise to the ways of FNDS, and weâ€™re taking the battle to these foreclosure mills on behalf of our clients. How do we do it?
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