Q Define “cradle to grave” in the context you
said it — meant it when you said it.
A When I speak of cradle to grave, that would be
that we provide services that may become necessary on a
default of loan on behalf of the client, so it generally
come in as a foreclosure. If the foreclosure is
interrupted by a bankruptcy, we will handle that
bankruptcy. Once the bankruptcy has been concluded and
we’re free — sorry — from the automatic stay, we would
then continue on with the foreclosure. Once the
foreclosure is complete and title invest in the
servicer, we would then handle any evictions where
necessary. Once the eviction is complete and it becomes
a real estate-owned property, we would then open the
title work and handle the closing on behalf of the
grantor, the bank as the seller, to the grantee.
Q And those systems that were used by the Law
Offices of David J. Stern, P.A., you developed?
A I — the day one, I developed them; day two,
they continued to be expanded and improved upon by
people that were smarter than I was in those particular
Q Okay. But would you agree with me certainly
until 2006, you were the captain of the ship with regard
to your office and how it ran and the systems that were
to be used?
A I would agree that I was the captain of the
ship. I would strongly disagree that processes were put
in — that were put in were put in by me. The
development, better practices, things like that, Miriam,
Sam, Beverly, when she joined, and Cheryl, did a lot of
that. So, there was — in 2000 — even in 2000, there
were procedures and policies put in place that they were
comfortable in doing and realized that I would have no
objection. If I had to deal with every granular change
that results from Fannie or Freddie guidelines or a
local rule or a judge making some sort of requirement,
that by definition would be an impossibility. Hence,
development expanding processes and procedures very
quickly fell on Miriam, Beverly and — and — and
Cheryl. I was there for the day-to-day probably up
until 2006. He had my nose and things, but it didn’t
take long to realize that. Sometimes you can’t be the
rainmaker and be involved in procedure because very
quickly, I did not know or have knowledge as to the
capabilities of the staff that was in place.
Q Did you ever object to any of the policies or
procedures that were put in place by others beside
A I don’t I don’t recall. Apparently, not
very long or hard or I’ll stay with them in there.
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