Florida Attorney General Pam Bondi Settles Investigation Against One of Florida's Largest Foreclosure Firms
For Immediate Release
Florida Attorney General Pam Bondi Settles Investigation Against
One of Florida’s Largest Foreclosure Firms
FL – Today Florida Attorney General Pam Bondi announced a
first-of-its-kind settlement against attorney Marshall C. Watson and
his law firm, one of the largest foreclosure firms in Florida, for
alleged improprieties in the prosecution of foreclosure cases
This settlement, which calls for a $2
million payment and imposition of certain requirements to conduct
business, is the first stemming from numerous investigations into
Florida foreclosure law firms.
“We are aggressively
investigating these law firms in order to protect the interests of
everyone involved in foreclosure proceedings. Homeowners, lending
institutions and the courts deserve to know that the law is being
followed and all documentation is true and accurate,” stated Attorney
General Pam Bondi. “Anything short of total assurance of complete
accuracy during such serious situations is unacceptable.”
led the nation in the investigation of law firms engaged in the
improper production and filing of foreclosure documents. The Marshall
Watson firm fully cooperated with the investigation since its
Half of the $2 million payment from Marshall Watson’s
firm to the Attorney General’s Office will be contributed to the
Florida Bar Foundation to continue the Florida Attorney General
Mortgage Foreclosure Grant Program.
This grant program provides
for the funding of Legal Aid attorney positions throughout Florida
specifically devoted to the representation of low-income individuals
facing foreclosure actions.
The investigations into the practices of several other Florida law firms are ongoing.