Keon Williams’ fight to keep his house has taken another strange twist: The Milwaukee man arrived home Monday night to find that the locks had been changed on one of his doors on orders from Harris Bank, even though a court order says he can stay in the house for now.
“They admitted they had sent somebody to change the locks,” Williams’ lawyer, Geoffrey Gnadt, said after an emergency court hearing Tuesday. “They did apologize profusely – but there are costs.”
The very fact that this item “LPS fires back with motion seeking sanctions against Alabama attorney,” was treated as a news story by Housing Wire is further proof that Housing Wire is above all committed to promoting client and mortgage industry interests and only incidentally engages in random acts of journalism.
LPS is desperate to create a shred of positive-looking noise in the face of pending fines under a Federal consent decree, mounting private litigation, and loss of client business under the continued barrage of bad press. Housing Wire, who has LPS as one of its top advertisers, is clearly more than willing to treat a virtual non-event as newsworthy to help an important meal ticket.
If you know anything about litigation, particularly when small fry square off against large companies, it’s standard for the well funded party to engage in a war of attrition against the underdog. One overused device is to threaten or file for sanctions. Even when they are weak or groundless, they still waste opposing counsel’s time and energy.
Keon Williams is on the verge of being thrown out of his house – a startling turn of events, considering that for nearly three years since refinancing in 2008, he faithfully paid his monthly mortgage and his property taxes.
“I did everything I was supposed to do, but I’m being evicted,” says Williams, 38, sitting in his neat but sparsely furnished dining room on N. 44th St. “I never would have imagined something like this could happen.”
The Fort Lauderdale Fraternal Order of Police will close its accounts with Bank of America, union president Jack Lokeinsky said, citing the bank’s union-unfriendly political contributions and membership in the Florida Chamber of Commerce, a business group that pushed for the deduction ban.
Lokeinsky said the union will close four accounts that totaled roughly $750,000 in annual activity. He also urged union members to close personal accounts with the bank.
“I’ve got to ask, did lobbyists have anything to do with your decision?” Erwin asked McLain.
“Well, there were people that came and talked to me about it,” she responded.
“Representative, of course the bankers aren’t going to like this bill, it doesn’t help them. But have you talked to the constituents, the folks in foreclosure who could have been assisted by this?” Erwin questioned.
Were these the people who went to speak with her?
SB 1259 – foreclosures; proof of ownership – DO PASS
Zack Porter, Banking and Insurance Committee Intern, explained the bill and answered questions
posed by the Committee.
Senator Reagan, bill sponsor, further explained the bill and answered questions posed by the
Committee.
Wendy Briggs, Lobbyist, Arizona Bankers Association, testified in opposition to the bill and
answered questions posed by the Committee.
William Hultman, Senior Vice President, MERSCORP, Inc., testified in opposition to the bill and
answered questions posed by the Committee.
Lee Miller, Lobbyist, Arizona Trustee Association, testified in opposition to the bill and answered
questions posed by the Committee.
Darrell Blomberg, representing self, testified in support of the bill and answered questions posed
by the Committee.
Beverly Hall, representing self, testified in opposition to the bill and answered questions posed by
the Committee.
Senator Reagan moved SB 1259 be returned with a DO PASS recommendation.
The motion CARRIED with a roll call vote of 4-0-2 (Attachment 2).
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