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Broward Foreclosure Lawyer Stern Disbarred

sun-sentinel.com | January 12, 2014

By Paul Owers

The Florida Supreme Court this week disbarred David J. Stern, the Broward County lawyer who once operated the state's largest foreclosure practice.

In a complaint filed last year, the Florida Bar alleged that Stern failed to supervise employees accused of improperly processing thousands of foreclosures for lenders.

The so-called robo-signing scandal caused some banks to temporarily halt foreclosure filings in late 2010 amid concerns that homeowners were losing their rights to due process.

The state high court approved the report of a legal referee, who recommended that Stern be disbarred. It is effective Feb. 6. He also was ordered to pay $49,125.02 in costs to the Bar.

Stern made millions running what derisively became known as a "foreclosure mill." He shut down his Plantation office after the robo-signing controversy surfaced.

His lawyer, Jeffrey Tew, said in an email Thursday that Stern has no comment. Stern did not contest the referee's report.

Thomas Ice, a Royal Palm Beach foreclosure defense lawyer, helped expose the robo-signing scandal. He testified for the Bar at a hearing in the Stern case.

"This closes a chapter in the foreclosure crisis and on some of the most abusive practices of these foreclosure mills," Ice said.

 

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