PENNSYLVANIA ROUND II: FORECLOSURE MILL ATTORNEYS ADMIT UNDER OATH THAT NO LAWYER REVIEWED OR READ FORECLOSURE FILINGS; BANK OF AMERICA KNEW OF PRACTICE YET CONTINUED TO COLLECT “ATTORNEYS FEES”; THOUSANDS OF PENNSYLVANIA FORECLOSURES SUBJECT TO ATTACK AND RETURN OF “ATTORNEYS’ FEES” TO BORROWERS

December 6, 2010

(From an article in Daily Finance of 12/02/10 sent to us by one of our readers):

┬áThree partners of a Pennsylvania foreclosure mill (Goldbeck McCafferty and McKeever) have admitted, under oath, that no attorney ever read or reviewed thousands of foreclosures filed by the Firm, although the filings contained an “attorney” signature and the actions sought and collected “attorneys’ fees” in connection with the foreclosures. The article states that high-ranking Bank of America employees had actual knowledge of this procedure yet continued to reap significant “attorneys’ fees” payments from borrowers in these actions, with this practice being evident through as late as November 24, 2010.

Bank of America is the Goldbeck Firm’s top client. Although other foreclosure clients have stopped doing business with the Goldbeck Firm, B of A continues on, stating only that it is “evaluating its position” with the Firm.

The article goes on to state that literally thousands of Pennsylvania foreclosures are now subject to attack, including demands for return of “attorneys’ fees” paid by borrowers for work by non-lawyers.

Jeff Barnes, Esq., www.ForeclosureDefenseNationwide.com

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