Foreclosure King David Stern Shuttering His Law Firm

—By Andy Kroll

| Mon Mar. 7, 2011 10:35 AM PST

A caricature of David J. Stern, the once-mighty foreclosure
attorney, that he printed on T-shirts used to woo potential investors.

By the end of the month, the Law Offices of David J. Stern,
the once-mighty foreclosure mill in southeastern Florida, will be no more.
According to a terse, two-sentence filing with the Securities and Exchange
Commission, the firm—the subject of a Mother Jones investigation published last
August—”will be ceasing the practice of law with respect to all pending
foreclosure matters in the State of Florida” by March 31.

The reversal of fortune for David Stern and his law firm has
been swift and breathtaking. A little over a year ago, the Stern’s operation
reigned king in the foreclosure business. Its clients included Wall Street
powerhouses such as JPMorgan Chase, Bank of America, and Citgroup; the firm was
also cozy with government housing corporations Fannie Mae and Freddie Mac,
which hand-picked Stern’s firm operation to process foreclosure cases for them.
In 2009, the firm handled 70,000 foreclosure cases, and employed more than
1,000 people—paralegals, attorneys, paper-pushers, secretaries, and more. From
2006 to 2008, revenue generated by the non-legal, foreclosure-related parts of
Stern’s operations spiked from $40 million to $200 million. But the big payoff
didn’t come until January 2010, when Stern spun off those lucrative non-legal
operations into a separate, publicly-traded company, netting him $58.5 million.

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Through the staggering success of his businesses, Stern
amassed great personal wealth. Over the years he purchased many
multi-million-dollar waterfront properties in southeastern Florida, including a
beachfront condo in the Ritz Carlton Fort Lauderdale. He bought Italian-made,
jet-powered yachts and plenty of sports cars: at the time I published my story,
he owned four Ferraris, four Porsches, a pair of Mercedes-Benzes, and a
Bugatti. While secretive in his personal and professional life, Stern’s wealth
was conspicuous enough that Fort Lauderdale’s Water Taxi boat captains made
sure to point out his $15 million, 16,000-square-foot mansion on the Atlantic
Intracoastal Waterway.

But last fall, the business empire that allowed Stern to
live like a king began to crumble. Days after Mother Jones published my
investigation into Stern and the world of foreclosure mills, the Florida
attorney general announced a probe into Stern’s firm and two others to
determine whether “improper documentation may have been created and filed
with Florida courts to speed up foreclosure processes, potentially without the
knowledge or consent of the homeowners involved.” It’s all been downhill since
then for Stern: Fannie and Freddie dropped him from their “designated
counsel” program, and many big banks and mortgage servicing companies
stopped hiring his firm. Citing MoJo’s reporting, members of Congress demanded
investigations into why Fannie and Freddie ever did business with Stern’s firm
and others like it. Soon, no one, it seemed, wanted to do business with the Law
Offices of David J. Stern.

The publicly traded company he helped start, DJSP
Enterprises, floundered as well. After opening in January 2010 at $9.25 a
share, DJSP’s stock has plummeted to rock bottom: At midday on Monday, it was
worth 16 cents a share. In November, facing a mountain of criticism, Stern
himself resigned as president and CEO of the company. In December, the company
received a warning from NASDAQ that it would be delisted unless it boosted its
per-share price to $1 by mid-June.

And as his business empire crumbled, so, too, has his
personal fortune. Stern is reportedly offloading a pair of prime properties in
the Fort Lauderdale area, believed to be worth tens of millions of dollars.
According to the South Florida Sun-Sentinel, he’s also trying to sell his
130-foot Mangusta yacht, named Misunderstood.

Stern’s law firm currently employs around 50 or so
employees, after shedding the majority of the staff over the past five months
due to the drop in referrals. It’s unclear how DJSP Enterprises, the publicly
traded company, will fare as Stern’s firm prepares to shut down; as the company
admitted in early SEC filings, Stern’s law firm was the primary source of
business for DJSP. Without it, it’s hard to see how DJSP stays afloat.

Stern is still under investigation by the Florida AG, which
is looking at the past practices of his law firm. Which is to say, while the
Law Offices of David J. Stern will soon be gone, today’s news isn’t the last
we’ll hear of David J. Stern.

Below is a letter obtained by Mother Jones that Stern sent
to Judge Lee Hayworth in Florida’s Sarasota County, outlining his law firm’s
plans to close its doors and remove itself from all pending foreclosure cases:  stern-letter-hayworth-closing

Florida’s Foreclosure King
Investigated For Questionable Practices

Abcnews.go.com/business/florida-foreclosure5JE9S

By RAY SANCHEZ

Oct. 12, 2010

A former paralegal with Florida’s largest foreclosure law
practice has told state investigators that the firm routinely signed court
paperwork without reading it, misdated records, forged signatures and passed
around notary stamps in the rush to foreclose on homes.

“This is just the beginning really,” the
paralegal, Tammie Lou Kapusta, told ABCNews.com. “It’s the tip of an
extreme iceberg.”

The allegations are the latest leveled against the firm of
multimillionaire attorney David J. Stern, who has amassed a fortune foreclosing
on the homes of struggling families on behalf of lenders.

The 50-year-old Stern even considered naming his $20-million
yacht “Su Casa Es Mi Casa – “Your House is My House,” an
acquaintance told the New York Times. After his wife and others reportedly
cautioned against it, Stern settled on Misunderstood. He denied to the newspaper
that he considered “Su Casa Es Mi Casa.”

“From David Stern’s perspective, he’s a lawyer given
defaulted mortgages to foreclose in a court proceeding,” said his lawyer,
Jeffrey Tew. “So it’s really wrong to vilify him. Let’s put it this way,
there is a well-organized defense bar who is making a lot of money keeping
people in their homes.”

VIDEO:The Mortgage Bullies

ABCNEWS.com

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‘Save the Dream’ Offers Hope to Homeowners Watch Video

Families in Foreclosure Watch Video

The Housing Mess Watch Video

But it’s the booming mortgage-servicing industry that is
under legal scrutiny. Some 40 state attorneys general are expected to announce
this week a joint investigation into the industry in hopes of pressuring
financial institutions to rewrite a sea of troubled loans.

Across the nation, mortgage-servicers, which include units
of major banks such as Bank of America Corp., have been accused of submitting
fraudulent documents in thousands of foreclosure proceedings.

In Florida, Stern is foreclosure king, operating the large
law firm plus a foreclosure processing company and other support businesses
that he recently sold off.

His Plantation, Fla., firm, which filed 70,382 foreclosure
cases last year, is the largest of three under investigation by state Attorney
General Bill McCollum for allegedly filing improper documents with courts to
hasten the overloaded foreclosure process.

Foreclosure Industry Poster Boy

To detractors, the 50-year-old Stern has become emblematic
of the foreclosure crisis, the architect of what they call a giant assembly
line that has undermined struggling homeowners at a time of record
foreclosures. Nationwide, there were 2.8 million foreclosures in 2009. Florida
leads the nation in foreclosures with more than 400,000 filings this year
alone.

“He is notorious in Florida and, in the rest of the
country, we pay some attention to Florida because the worst behavior often
emanates from there,” said Linda Fisher, a professor and mortgage-fraud
expert at Seton Hall University’s law school. She said she had no direct
knowledge of the Stern’s practices. “I’ve heard some pretty bad stories
about Stern for at least the last couple of years or so.”

To defenders, Stern is a hard worker who has legally reaped
enormous profits representing banks and financial services in actions against
tens of thousands of delinquent borrowers.

“It’s really unfair to make the foreclosure lawyer …
somehow a villain,” Tew said. “With the increase in volume, there’s
no question that David firm’s revenues have grown dramatically but there’s
nothing wrong with that. He’s not gouging.”

Tew said Stern’s firm makes about $1,400 per foreclosure,
totaling about $98 million last year.

Florida’s Foreclosure King Investigated For Questionable
Practices

Page 2 of 2

Oct. 12, 2010

Still, the rising foreclosure tide also meant shortcuts and
sloppy legal work, according to Kapusta’s sworn statement to the state attorney
general.

The paralegal, who worked for Stern a little more than a
year, described an office where signatures on notarized documents were
regularly forged, legal papers were outsourced to Guam and the Philippines, and
shouting matches erupted when cases stalled.

The accusations, in a sworn statement taken late last month
by the Florida attorney general, coincide with mounting nationwide criticism of
the practices used to take homes from families.

Kapusta, who claims she was fired by the firm in July 2009
after refusing to falsify documents, said Stern’s business jumped from about
200 employees to 1,100 in one year as foreclosures skyrocketed and staff
struggled to keep up.

Notary stamps were always available, and employees such as
Kapusta, who were not notaries, routinely used them on official documents, she
said. Those who could best fake the signature of the person who verified
foreclosure affidavits were allegedly sought out to forge her name.

“If you focus on the way these businesses operate,
it’s, at best, sloppy and, at worst, fraudulent,” Fisher said of the firms
that have become known as foreclosure mills. “The whole system was broken
down.”

Tew dismissed Kapusta’s allegations as simply untrue, the
rants of a disgruntled former employee. “You can see she has a real
vindictiveness against the firm,” he said.

Stern’s lawyer denied any wrongdoing in the foreclosure process.

‘Save the Dream’ Offers Hope to Homeowners Watch Video

Families in Foreclosure Watch Video

The Housing Mess Watch Video

“There is no question that there is a necessity to make
these foreclosures correct and appropriate,” Tew said. “We do not
admit that there was any intentional cutting of corners. There may have been
some human error on a very small percentage but there was no intentional
cutting of corners.”

In the past month, GMAC, JPMorgan Chase and Bank of America
have halted or slowed foreclosure procedures, after bank employees and
affiliates admitted to signing thousands of documents without knowing the
details of the cases.

“The problems with these firms – and they’re very
sloppy practices – is that they unacceptably cut legal corners and put the
burden on borrowers to basically pay whatever these folks have them pay,”
said Jeffrey Golant, an attorney in Pompano Beach. “They’re loading down
with junk fees and illegitimate charges, basically putting people who are
already struggling, maybe possibly in most cases legitimately behind on their
mortgages, but loading up with such abusive fees that people will never get out
of foreclosure.”

Yachts, Real Estate, Private Island

Still, the crisis has been good for Stern and the rest of
the mortgage-servicing industry. Stern and his wife Jeanine have brought nearly
$60 million in real estate in recent years, mostly in Florida, according to
property records.

His 16,000-square-foot mansion, valued at more than $15
million, occupies a corner lot in a private island community on the Atlantic
Intracoastal Waterway in Fort Lauderdale, according to the New York Times and
Mother Jones magazine.

The mansion is featured on a water-taxi tour of the area’s
grandest estates, including the homes of Jay Leno and billionaire Blockbuster
founder Wayne Huizenga, and the former residence of Desi Arnaz and Lucille
Ball. In addition to the 130-foot yacht, Stern reportedly has an automobile
collection that includes a 2008 Bugatti and multiple Ferraris, Porsches and
Mercedes.

But Tew declined to discuss his client’s assets.

“All that does is feed into this scenario that somehow
they’re taking advantage of poor people who are losing their houses and getting
rich off of it,” he said. “You could say the same thing about a neurosurgeon
that makes millions of dollars a year from people who sustained terrible head
injuries.”

More from ABC News

    The Housing Mess

    Thousands Line Up
to Prevent Foreclosure

    Fannie Mae Issues
New Foreclosure Penalties

    Americans Fighting
Back Against Foreclosure

    ‘Save the Dream’
Offers Hope to Homeowners

    Families in
Foreclosure

Date: Fri. September 28th 2012

Homeward Residential 
/ American Home Mortgage

P.O.  Box 631730

Irving Tx. 75063

Account number: 647002252xxxx

Attn: Customer Service

To Whom It May Concern:

On September 27th 
2012, I received a copy of my credit report from
www.freecreditreport.com

with all three  credit
reporting agency reports. Included in that report was the following incorrect
or incomplete information you reported:

Mortgage listed from:  
HOMEWARD RESIDENTIAL  ACCOUNT #
647002252xxxx.

                                      For:  Mary Jean Ziska   Opened: 
11/01/2006 

                                     AMERICAN
HOME MORTGAGE # 647002252xxxx.

                                     For:  Mary Jean Ziska  Opened: 
11/07/2006

This information is not correct.

I do not… and  have
never had a mortgage with  Homeward
Residential opened 11/1/2006 Account # 647002252 nor American Home Mortgage
opened: 11/07/2006  Account#647002252. I
have enclosed copies of the following documentation supporting my claim that
the information you reported is incorrect. 

1.            Complete
copy of the Collier County Clerk of the Circuit Court reporting Results printed
September 27th 2012 with all mortgages filed at the court house in my name for
my property starting in 1999.  In this
documentation as listed on 11/21/2006 my mortgage was with Option One  and could not possibly be with Homeward
Residential or American Home Mortgage.

2.            Paperwork
documenting American Home Mortgage’s filing for bankruptcy august 6, 2007.  American Home Mortgage has the same account
number as Homeward Residential   and both
are incorrect accounts listed on my credit report.

3.            Listed
on  the credit report from
freecreditreport.com  both Homeward
Residential or American Home Mortgage are listed as having the same documented
account number so I am assuming they are referring to the  same fraudulent account.  Both need to be removed from my credit
reports and from all your company 
information no matter who claims have had a mortgage in 2006. 

4.            The
mortgage  Option One paperwork to support
that I had Option One as my mortgage company in 2006 from the collier county
court house.

This incorrect or incomplete information is damaging my
credit. Please contact Experian, TransUnion, and Equifax immediately and direct
them to remove this information from my credit file. Please confirm upon
receipt of this letter  that you have
directed these credit reporting agencies to remove this information, and
provide me a copy of the form you used to advise them. 

Thank you for your immediate attention to this matter.

Sincerely,

_________________________

Your Signature]

Name: Mary Jean Ziska

Address: 5632 Whisperwood Blvd. #1601

Naples, Florida  34110

Email address : whatabtmary@gmail.com

Date: Fri. September 28th 2012

Homeward Residential 
/ American Home Mortgage

P.O.  Box 631730

Irving Tx. 75063

Account number: 647002252xxxx

Attn: Customer Service

To Whom It May Concern:

On September 27th 
2012, I received a copy of my credit report from
www.freecreditreport.com

with all three  credit
reporting agency reports. Included in that report was the following incorrect
or incomplete information you reported:

Mortgage listed from:  
HOMEWARD RESIDENTIAL  ACCOUNT #
647002252xxxx.

                                      For:  Mary Jean Ziska   Opened: 
11/01/2006 

                                     AMERICAN
HOME MORTGAGE # 647002252xxxx.

                                     For:  Mary Jean Ziska  Opened: 
11/07/2006

This information is not correct.

I do not… and  have
never had a mortgage with  Homeward
Residential opened 11/1/2006 Account # 647002252 nor American Home Mortgage
opened: 11/07/2006  Account#647002252. I
have enclosed copies of the following documentation supporting my claim that
the information you reported is incorrect. 

1.            Complete
copy of the Collier County Clerk of the Circuit Court reporting Results printed
September 27th 2012 with all mortgages filed at the court house in my name for
my property starting in 1999.  In this
documentation as listed on 11/21/2006 my mortgage was with Option One  and could not possibly be with Homeward
Residential or American Home Mortgage.

2.            Paperwork
documenting American Home Mortgage’s filing for bankruptcy august 6, 2007.  American Home Mortgage has the same account
number as Homeward Residential   and both
are incorrect accounts listed on my credit report.

3.            Listed
on  the credit report from
freecreditreport.com  both Homeward
Residential or American Home Mortgage are listed as having the same documented
account number so I am assuming they are referring to the  same fraudulent account.  Both need to be removed from my credit
reports and from all your company 
information no matter who claims have had a mortgage in 2006. 

4.            The
mortgage  Option One paperwork to support
that I had Option One as my mortgage company in 2006 from the collier county
court house.

This incorrect or incomplete information is damaging my
credit. Please contact Experian, TransUnion, and Equifax immediately and direct
them to remove this information from my credit file. Please confirm upon
receipt of this letter  that you have
directed these credit reporting agencies to remove this information, and
provide me a copy of the form you used to advise them. 

Thank you for your immediate attention to this matter.

Sincerely,

_________________________

Your Signature]

Name: Mary Jean Ziska

Address: 5632 Whisperwood Blvd. #1601

Naples, Florida  34110

Email address : whatabtmary@gmail.com

12 Oct 2010 at 2:46 PMPosted in:

Citigroup, Lawyer of the Day, Layoffs, Real Estate

David J. Stern, the Florida Foreclosure King, Is Under
Investigation — and Doing Layoffs

By Morning Dockette

Back in September, we wrote about David J. Stern, “Florida’s
Foreclosure King,” who earned our Lawyer of the Day title for his ascendancy
from the fourth tier to the lap of luxury. At the time, we sang Stern’s
praises. Stern, a graduate of South Texas Law, employs 900 people, made $17.8
million in 2008, owns $60 million in real estate, and collects yachts.

Thanks to the New York Times, we knew back then that Stern
may have been a shady character. But we kind of brushed off those pesky little
questions about his “ethics” and “questionable practice methods.” I mean, come
on, how many lawyers can say that they drive a Bugatti?

Well, maybe we shouldn’t have overlooked these issues so
quickly…

Bloomberg : 

GMAC Residential Capital Declares Bankruptcy

As we have discussed in January 2012 when it was but a rumor
(see here), GMAC is filing a bankruptcy under Residential Capital.  Dan Edstrom writes:

GMAC Residential Capital Declares Bankruptcy

By Daniel Edstrom

DTC Systems, Inc.

According to Residential Funding Corporation, GMAC was one
of the largest entities securitizing loans in 2000.  This bankruptcy probably has an impact on
nearly every single GMAC based loan or loan that was securitized by GMAC.  Many of the GMAC deals pledged the loans to
the trusts but never actually perfected the transfer.  This could mean that your “lender”,
“creditor” or “owner” of these loans is one of the many related entities of
Residential Capital (RESCAP) – which may be a problem because they have
probably been paid in full.  Many of
these entities had a security interest in the money advanced to fund the loans,
even though they were not the named lender. 
Many of these entities were required and obligated to make payments on
the borrowers loans – and they did in fact make payments.  Many of these entities had guarantee
agreements with other parties (such as servicers) to reimburse them for
payments of principal and interest made on borrowers loans.

Here is the list of related entities RESCAP is attempting to
consolidate into one bankruptcy:

•ditech, LLC

•DOA Holding Properties, LLC

•DOA Properties IX (Lots-Other), LLC

•EPRE LLC Equity Investment I, LLC

•ETS of Virginia, Inc.

•ETS of Washington, Inc.

•Executive Trustee Services LLC

•GMAC – RFC Holding Company, LLC

•GMAC Model Home Finance I, LLC

•GMAC Mortgage USA Corporation

•GMAC Mortgage, LLC

•GMAC Residential Holding Company, LLC

•GMAC RH Settlement Service, LLC

•GMACM Borrower LLC

•GMACM REO LLC

•GMACR Mortgage Products, LLC

•HFN REO SUB II, LLC

•Home Connects Lending Services, LLC

•Homecomings Financial Real Estate Holdings, LLC

•Homecomings Financial, LLC

•Ladue Associates, Inc.

•Passive Asset Transactions, LLC

•PATI A, LLC PATI B, LLC

•PATI Real Estate Holdings, LLC

•RAHI A, LLC

•RAHI B, LLC

•RAHI Real Estate Holdings, LLC

•RCSFJV2004, LLC

•Residential Accredit Loans, Inc.

•Residential Asset Mortgage Products, Inc.

•Residential Asset Securities Corporation

•Residential Capital, LLC

•Residential Consumer Services of Alabama, LLC

•Residential Consumer Services of Ohio, LLC

•Residential Consumer Services of Texas, LLC

•Residential Consumer Services, LLC

•Residential Funding Company, LLC

•Residential Funding Mortgage Exchange, LLC

•Residential Funding Mortgage Securities I, Inc.

•Residential Funding Mortgage Securities II, Inc.

•Residential Funding Real Estate Holdings, LLC

•Residential Mortgage Real Estate Holdings, LLC

•RFC – GSAP Servicer Advance, LLC

•RFC Asset Holdings II, LLC

•RFC Asset Management, LLC RFC

•Borrower LLC

•RFC Construction Funding, LLC

•RFC REO LLC

•RFC SFJV-2002, LLC

(Beth againHere’s another interesting snippet from
Mortgage News Daily, regarding Ally Bank (dba GMAC Bank) writing to its
customers in warehouse lending and banking, saying that it was NOT part of the
bankruptcy:

The GMAC/ResCap bankruptcy has long been anticipated – heck,
even this commentary has been mentioning it for months. Clients received this
note: “GMAC Residential Capital, LLC (ResCap) announced they have filed for bankruptcy
protection. Ally Bank (dba GMAC Bank) is a separate legal entity from ResCap
and operates independently of ResCap. Business Lending is an operating division
of Ally Bank consisting of Warehouse Banking, Correspondent Lending and
Wholesale Lending. The decisions made by ResCap do not impact ongoing
operations of Ally Bank’s Business Lending Division. We would like to reassure
all of our clients that your business relationship with Ally Bank will not be
impacted by these changes. Ally remains an active participant in the
Correspondent and Wholesale lending channels, and will continue to honor its
commitments and purchase and fund those loans. Ally Bank continues to maintain
lending relationships and continues to provide warehouse financing to those customers.
In addition, Ally Bank is a direct seller to FNMA and FHLMC and maintains a
servicing portfolio of both agency and non-agency loans.”

‘Foreclosure mill’ David J. Stern’s firm to close by end of
March

On behalf of The Law Office of Jeffrey A. Klein posted in
Foreclosure Process on Monday, March 7, 2011

The man once known as Florida’s “foreclosure
king,” David J. Stern, will be closing his law firm by March 31, according
to an SEC filing by sister-company DJSP Enterprises. The Law Offices of David
J. Stern, which once handled as many as 20 percent of all Florida foreclosures,
fell into disrepute when the Florida Attorney General’s Office announced in
August that it was investigating Stern’s firm and others for possibly illegal
behavior in the foreclosure process.

The Attorney General’s investigation, which was followed by
other state and federal investigations into “robo-signing” and several
private class-action lawsuits against Stern’s firm, is probing allegations that
attorneys at the firm submitted false or fraudulent paperwork to Florida courts
as it tried to rush thousands of foreclosures through on behalf of mortgage
lenders.

The law firm’s sister company DJSP Enterprises, which Stern
spun off into a separate company in January 2010 in return for a $58.5 million
payment, is also in danger of closing down. The Law Offices of David J. Stern
is the only source of foreclosure referrals for the company, which handles
non-legal aspects of the foreclosure process. It also reported to the SEC that
it cannot meet its obligations to creditors, despite extensions on previous
defaults which expire on April 1.

Foreclosure-Gate investigation into the Law Offices of David
J. Stern alleges robo-signing, legally inadequate foreclosure affidavits,
possible fraud

In August 2010, the Florida Attorney General’s Office began
investigating so-called “foreclosure mills” — law firms representing
mortgage banks and servicers in the foreclosure process that processed high
volumes of foreclosures. The Law Offices of David J. Stern and six others
allegedly questionable tactics that may have resulted in thousands of invalid
or wrongful foreclosures.

Stern’s law firm and DJSP once boasted more than 1,200
employees and handled the lion’s share of foreclosures in the state. After the
AG’s investigation was announced, both the firm and DJSP started shedding
employees — laying off more than 750 workers and sparking a class action
lawsuit against the firm under the federal WARN Act. By November 2010, Fannie
Mae, Freddie Mac and Citigroup had pulled their business from the firm.
According to the South Florida Sun Sentinel, the firm had about 50 clients last
month.

In testimony to Attorney General investigators last year,
Stern’s former office manager Cheryl Samons said she routinely signed an
average of 1,000 foreclosure affidavits every day without reviewing their
contents, as is required by law. Paralegals were also authorized to sign
foreclosure affidavits in her name.

As a result of that activity, which the AG suspects may
constitute fraud, foreclosure defense attorneys have filed at least one class
action lawsuit on behalf of homeowners who may have suffered wrongful
foreclosures.

Stern has stepped down as the chairman of DJSP and has been
recently forced to sell more than $40 million in personal assets, as we
reported last month. DJSP stock has dropped in value from a high of $14 per
share to 13 cents per share today. It has been de-listed from the Nasdaq
exchange and is now considered a penny stock. Investors have filed a securities
fraud lawsuit against Stern, accusing him of intentionally misleading him about
the company’s value.

Source: South Florida Sun Sentinel, “David Stern
foreclosure firm closing at end of month,” Peter Franceschina, March 7,
2011

Tags: DJSP Enterprises, Defenses to Foreclosure, Florida,
Florida Attorney General’s Office, Foreclosure Mills, Foreclosure Process,
Foreclosure-Gate, Law Offices of David J. Stern, Robo-Signing, Wrongful
Foreclosure

Comments: Leave a comment

Fri September 28^th 2012

Litton Loan Servicing

4828 Loop Central Drive

Houston, TX  77081

Attn: Customer Service/ Litton Loan
Servicing

Account:  Mary Jean Ziska Account number: 1927xxxx

To Whom It May Concern:

On September 27th 2012, I received a
copy of my credit report including  all free
credit reporting agencies from freecreditreport.com.  Included in that report was the following
incorrect information reported by Litton Loan Servicing:   

Litton Loan
Servicing for account # 1927xxxx.

Also on September 27^th
2012,  I pulled up my official mortgage
records from the Collier County Court House.
In the court documents enclosed with this letter the correct information
concerning my  true mortgage  history ( filed  at the court house) does not contain any mortgage from Litton Loan Servicing.  The enclosed  documentation supports my claim that the information
you reported  to the credit agencies  is and always has been incorrect.  I have been a victim of identity theft since
2002. I have been reporting many  false
and incorrect accounts where my name, address and even my social security
number has been used to create false accounts.
I have never had Litton Loan Servicing in my mortgage history.  This negative and fraudulent mark is damaging
my credit. Please remove the information concerning Litton Loan Servicing at
once.  Please remove all record of  Litton Loan from my credit file and contact
all three credit reporting agencies ( Experian, Equifax and Transunion )  immediately and direct them to remove the
fraudulent Litton Loan Servicing Account ( # 1927xxxx) from their records
concerning (Mary Jean Ziska) credit reports.
I expect to receive a removal confirmation of Litton Loan Servicing immediately!    

Sincerely,

________________________________________

Name:                     Mary
Jean Ziska

Address:                5632 Whisperwood Blvd. #1601

Naples Florida  34110

Email address:       whatabtmary@gmail.com

Bank Account Alert!

What is this?

LifeLock detected an application or new checking or savings
account associated with your personal information. This may be a legitimate
application by you or a member of your household, or it may be identity theft.

How do I read this?

If this information is correct and the application is
legitimate, there is no need to take any action. If you believe this
application is fraudulent, contact LifeLock immediately at 1

During our real-time monitoring of your identity
information, LifeLock detected the following event

Alert Date:          Sep.
27, 2012

Alert Type:         Account
Opening Pending

Alert Category:                 Bank
Account – Checking/Savings

Company Name:              Regions
Financial

Member Name:                Match

Social Security Number:               Match

Date of Birth:     Match

What to do?

Review the details of the alert to determine whether this is
a legitimate application or a case of identity theft. LifeLock will help
protect your identity in the case of identity theft.       

Call Us Now!

– Please call 1. Once you call we
can take immediate action to help close any fraudulent accounts and protect
your good name.- Member Services Agents will guide you through the alert and
gather additional information.

– Lifelock will contact necessary third parties to remediate
the issue and keep you informed.

What I wrote to life lock !

i just got an alert about an new bank account being opened… not me.. i was supposed to obtaina loan from my guardian but  he never did anything  in my name for me the real me help! i think these same people have been scanning in my name for years but  recently since myhome was in foreclosre at least three or four famiies were going to help me with loans and money and after i fist contacted them i never heard anything again… it was for a large amount each time the loan or money given would have been for between 40-60 thousand dollars….HELP i never received any help  or money from anyone!  and my idenityhas been  stolen since 2002….. HELP i jus tpu tin an online police report what else do i need to do… contacting you by phone is a problem…. as these hackers usually conpromise my phone and sometimes even my internet when they steal fromme…. HELP i am panicking!!!! they must have tried to open the bank account on thursday so tehy can  leave on fri adn disappear with the  money used to start the bank account!