Fannie, Freddie Dump Stern; Earlier Suspension Of Case Referrals To South Florida Foreclosure Mill Now Permanent As Loan File Removals Begin

The Wall Street Journal reports:

• Fannie Mae and Freddie Mac have terminated their relationships with a top Florida foreclosure law firm and began taking possession of loan files on Monday afternoon from the firm, which processes evictions on behalf of the mortgage-finance giants. Fannie and Freddie had previously suspended all foreclosures that had been referred to the law offices of David J. Stern in Plantation, Fla., a suburb of Fort Lauderdale.

For more, see Fannie, Freddie Take Loan Files From Florida Law Firm.