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The media is starting to pay attention to issues created by recent court rulings in Florida’s very complex foreclosure debate. However, until the Supreme Court of Florida steps in and decides what is just, which is certainly debatable in of itself, Florida may be the worse place to buy REO’s (real estate owned property) and any property affected by MERS-originated mortgages. REO’s that have had MERS in their chains of title may have complicated the sale of these properties to investors looking to score a “great deal”. At best, these MERS-tainted REO’s may end up purposefully serving only as rental properties in the greater scheme of things.

The Sarasota Herald-Tribune newspaper published an article worthy of mention here (see the link to the article HERE), as 15 cases of evidence are about to be turned over to the Osceola County, Florida Sheriff’s Department for further review of 156 specifically-reviewed cases, along with hundreds of other related documents discussed in the Trib’s article involving “robosigned” documents that were recorded in real property records across the State of Florida. The Osceola County Circuit Clerk, Armando Ramirez, commissioned a forensic examination of his county’s real property and court records to look for evidence of criminal wrongdoing in the way foreclosure cases were handled. It’s no secret that many of Florida’s foreclosure mill law firms are likely implicated in the furtherance of document manufacturing in order to “create standing” for the very clients they represent as plaintiffs in foreclosure actions against unsuspecting homeowners. It is also of great concern that Osceola County’s representative law firm may find itself conflicted out of future challenges against the county if any wrongdoing involving county officials or their agents is discovered. In other words, any law firm representing the Clerk of a county against another county agency will pose serious issues because one law firm can’t represent internal opposing sides of the same client. The forensic examination may thus turn into a political bailiwick for Florida’s 9th Circuit and as a result, may never go anywhere. This however is not going to stop aggrieved homeowners from filing complaints with the Sheriff and demanding their investigation. If these complaints are ignored, the political burden could ultimately shift against the Florida 9th Circuit’s prosecutorial arm come next November. From the current issues involving the investigation, the investigating parties now handling the matter are way in over their heads in the knowledge and understanding it takes to constructively understand what is going on in each of these suspect cases.

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