‘Foreclosure Mill’ Law Firms Under Pressure from Lawmakers

From the ABA Journal by Martha Neil.

As JPMorgan Chase and Ally Financial’s GMAC Mortgage have acknowledged possible document irregularities concerning thousands of mortgage foreclosure cases and imposed temporary freezes on the litigation, some federal lawmakers have been trying to put the brakes on law firms that reportedly are responsible for filing many cases that may be problematic.

In Florida, U.S. Rep. Alan Grayson urged the state’s supreme court earlier this month to prevent three law firms he calls “foreclosure mills” from proceeding with their cases until a state attorney general’s office investigation of their practices is complete.

Click here to read the rest of the article.