Oregon attorney (David Fennell) linked to a Hawaii firm that works on foreclosures allegedly hid inflated publication fees, Or. State Bar Investigates

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Oregon attorney (David Fennell) linked to a Hawaii firm that works on foreclosures allegedly hid inflated publication fees, Or. State Bar Investigates

Oregon attorney (David Fennell) linked to a Hawaii firm that works on foreclosures allegedly hid inflated publication fees, Or. State Bar Investigates

I bet if you investigate all the companies the foreclosure mills own there will be a scam hidden.

Star Advertiser-

RCO Hawaii LLLC, a law firm that successfully lobbied to loosen Hawaii’s foreclosure notice publication requirements last legislative session, has ties to a mainland attorney accused of inflating the cost of foreclosure notices.

The Oregon State Bar is investigating attorney David Fennell for allegedly inflating the foreclosure notice publishing costs that get passed on to lenders and homeowners trying to save their homes. Fennell co-owns Northwest Trustee Services Inc., whose company website profile says is associated with sister law firm RCO Hawaii, which conducts foreclosures in Hawaii and is the retained counsel for Fannie Mae in Hawaii. He also co-owns Foreclosure Expeditors/Initiators LLC, a Washington-based foreclosure support vendor that does business in Hawaii and nine other states.

Michael Dillard, an Oregon attorney with the firm Karnopp Petersen, made the complaint, alleging that Fennell knew Northwest Trustee and FEI were marking up publication costs for nonjudicial foreclosure sales notices printed in newspapers owned by Western Communications Inc. without disclosing the additional fees to clients. Fennell could face sanctions ranging from public reprimand to suspension of his legal license for a period from 30 days to five years or disbarment, said Oregon State Bar spokeswoman Kateri Walsh.

“It’s still under investigation,” Walsh said.

[STAR ADVERTISER]

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