A new putative class action lawsuit alleges that David J. Stern, P.A. and the Mortgage Electronic Registrations Systems, Inc. is a criminal enterprise. The complaint makes some pretty scandalous allegations and the major argument is that the way Stern and MERS handles foreclosures is unfair. The blog predicts this lawsuit will end with a wimper. The DBR story is here. The lawsuit is here:
David Stern Class Action
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