HOLLYWOOD, Fla.--(BUSINESS WIRE)--Ben-Ezra & Katz, P.A., a Florida law firm, announces the following:
We are extremely disappointed at Fannie Mae’s decision to stop using the firm’s services. We are also surprised by the action, since the issues leading to their action are things we discovered internally, then proactively informed Fannie Mae and created a plan to correct the problems.
There is no issue of whether the information in the affected files is correct. No homeowner has been hurt because of this. These are technical paperwork issues – not a question of whether filing the foreclosure was appropriate. The question is whether the correct original affidavits were attached to each file. We created a remediation plan that we felt would have been in the best interest of Fannie Mae, the mortgage companies, the courts, and borrowers. Unfortunately, Fannie Mae did not give us the chance to execute that plan.
When the problems of foreclosure files at other firms surfaced last fall, we hired an outside law firm to conduct an audit of our processes and procedures. It is ironic that in trying to make sure we were doing everything correctly, we reached this position with Fannie Mae.
We are informing our clients and will continue to work with them to provide quality service, as we have for 20 years.