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You Can’t Wash Away Every Stink

A well-meaning relative asked me, back around 2008, “Why don’t you try to get bank work and do foreclosures to make money?” I replied then that I didn’t want to turn people out of their homes, plus I didn’t want to get involved in a business where no amount of soap could get the dirt off my license. She thought me crazy, as did others, but you know what? I’d rather be low on cash than low on integrity. Lots of less-than-moral lawyers did step in, overlooking, underreporting, and/or sidestepping the problems detailed here in their race for fees:

http://www.nytimes.com/2012/02/16/business/california-audit-finds-broad-irregularities-in-foreclosures.html?_r=1&ref=todayspaper

 

Please don’t misinterpret what I’ve written as some holier-than-thou stance. As an advocate, I have espoused positions for clients I vehemently disagreed with. Heck, I’ve made ridiculous arguments for blatantly stupid or supremely unsympathetic people, but I won’t touch anything illegal, immoral, or unethical.

 

Plus, even if we forget all the professional implications for a moment, and set aside the “representing the best interests of my clients” doctrine that lenders’ counsel espouse, how do you sleep when you know you didn’t sufficiently scrutinize the documentation before taking actions that left someone homeless?

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