To: ALL HOLDERS OF RESIDENTIAL MORTGAGE BACKED SECURITIES FOR WHICH DEUTSCHE BANK NATIONAL TRUST COMPANY OR DEUTSCHE BANK TRUST COMPANY AMERICAS ACTS AS A SECURITIZATION TRUSTEE

FROM: DEUTSCHE BANK TRUST NATIONAL COMPANY, AS TRUSTEE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS TRUSTEE (the “Trustee”)

Date: October 25, 2010

Re: Certain Allegations Regarding Loan Servicer Foreclosure Practices

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© 2010-12 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.
www.StopForeclosureFraud.com

Today DJSP Enterprises Inc. announced Mark P. Harmon has resigned from the Board of Directors of the Company and the Board of Managers of DAL Group, LLC, a subsidiary of the Company.

Harmon Law Office from Newton Highlands, Massachusetts is being investigated by the state attorney general’s office for allegedly unlawfully evicting residents from bank-owned properties.

For more information on Mr. Harmon and Harmon Law Office be sure to catch the related to links down below.

© 2010-12 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.
www.StopForeclosureFraud.com

October 25, 2010, 2:59 PM EDT

By David McLaughlin

Oct. 25 (Bloomberg) — Banks continue to cancel foreclosure hearings and sales in Florida, the U.S. state with the highest foreclosure rate behind Nevada and Arizona, after Bank of America Corp. said it was resuming efforts to seize homes.

Banks had called off about a third of their foreclosure- judgment hearings and more than half of their auctions at two Florida courthouses as of this morning, according to court records and personnel. Court administrators said rules mandating that homeowners be notified mean that foreclosures won’t resume in earnest for at least a month.

Bank of America and Detroit-based Ally Financial Inc.’s GMAC Mortgage unit said they were moving to complete pending foreclosures following complaints that home seizures nationwide were based on faulty documentation. Attorneys general in all 50 states, as well as federal agencies including the U.S. Department of Justice, are investigating.

GMAC said it is reviewing foreclosure cases that potentially have defective affidavits in the 23 states that use judicial proceedings for foreclosures, including Florida. If there are problems, they will be fixed and the cases then allowed to proceed, said Gina Proia, a spokeswoman for GMAC. Any case going to foreclosure sale in non-judicial states will also be reviewed, she said in an interview.

‘Ongoing Process’

“It’s an ongoing process and we expect the majority will be completed by the end of the year,” Proia said. In Palm Beach County, banks had canceled 139 out of 213 foreclosure auctions scheduled for today, according to court records. Citigroup Inc., Deutsche Bank AG, JPMorgan Chase & Co. and Bank of America were among those listed as canceling the sales.

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© 2010-12 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.
www.StopForeclosureFraud.com

Nothing like starting off a Monday morning with back to back complaints! Except this one has lots of meat.

As mentioned in a previous post

Keep your eye on Harmon Law Offices, P.C. in Newton Highlands, MA 02461 aka Mark P. Harmon who serves as a director of Law offices of David J. Stern’s “DJSP Enterprises Inc.”

Birds of a feather flock together…so they say

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© 2010-12 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.
www.StopForeclosureFraud.com

UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF NEW JERSEY

Tanya Beals, on behalf of herself and all
other persons similarly situated

VS.

Bank of America, N.A, BAC Home Loans
Servicing, L.P., a wholly owned subsidiary
of Bank of America, N.A., LaSalle Bank,
N.A., John Does 1-10

Excerpts:

Defendants Have Consistently Demonstrated a Willful Disregard
for the Procedural Safeguards Entitled to All Borrowers

Defendants Routinely Act in Bad Faith and in Breach of Contractual
Obligations During the Course of their Settlement Negotiations with Plaintiffs

FIRST COUNT
(Fraud)

SECOND COUNT
(Violation of the New Jersey Consumer Fraud Act
codified at N.J.S.A. §§ 56.8-1, et. seq.(NJCFA))

THIRD COUNT
(Breach of Contract)

FOURTH COUNT
(Breach of the Covenant of Good Faith and Fair Dealing)

FIFTH COUNT
(BREACH OF IMPLIED CONTRACT)

SIXTH COUNT
(Quantum Meruit)

SEVENTH COUNT
(Violation of the New Jersey Fair Foreclosure Act)

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© 2010-12 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.
www.StopForeclosureFraud.com