Tag Archives: Kaslow

Philip A. Kramer, Esq. Uncovers Non-Attorneys Acting as Attorneys Nationwide Claiming to be Affiliated with Law Offices of Kramer & Kaslow

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Calabasas, CA (Vocus/PRWEB) February 10, 2011

Recent media coverage and Internet postings accusing mortgage litigation services of tactics of associating with law firms like Kramer & Kaslow are part of a nationwide trend of unauthorized use of trademark and unauthorized practice of law. These tactics are predatory scams misleading consumers who can be helped with their foreclosures by seasoned litigation attorneys, according to Philip A. Kramer, Esq. senior partner of Kramer & Kaslow, LLC.

A post on the RainCityGuide blog, entitled, New Predatory Scam: Mortgage Litigation Services, described the authors receipt of an email marketing piece promising anyone including non-attorneys a turnkey system that allows you to start offering mortgage litigation to homeowners in days working out of your house The marketing piece promised huge profits for those individuals who signed up, for which little or no work would be required. In the post, the author described howthe subprime lending industry barfed out hundreds if not thousands of loan originators in 2008 who had a taste of the six figure lifestyle and didnt want it to end. The predators quickly swarmed into the loan modification industry and when state regulators started clamping down, they morphed into the new industry of non lawyer mortgage litigation scheme.

According to Philip A. Kramer, Esq., these acts are violative of the State Bar Act, the California Rules of Professional Responsibility, the Racketeer Influenced and Corrupt Organizations Act, and various State and Federal criminal laws.

We are sending out cease and desist letters and will vigorously pursue any and all individuals to demand they stop the unauthorized use of the name and likeness of Kramer & Kaslow, Philip A. Kramer Esq. and all associated proprietary images and real and intellectual properties. Homeowners who work with our team of authorized legal experts listed at Kramer & Kaslow are getting the best opportunity to resolve their problems and keep their homes, said Philip Kramer, Esq. whose practice emphasizes commercial litigation and trial advocacy, with a concentration on franchise law, banking litigation, and real property matters. Philip Kramer, Esq. has also served as a Judge Pro Tem for the Los Angeles Superior Court and as a Mediator and has tried more than 200 cases. He has appeared on numerous nationally televised programs as an expert in pre-trial procedure and trial strategy and as a guest lecturer on topics ranging from constitutional law to trial practice. Philip A. Kramer, Esq. is perennial honoree as a Super Lawyer by Los Angeles magazine.

At Kramer & Kaslow, we help families avoid foreclosure thru our litigation services and expertise. Our objective is to help homeowners with an affordable solution for staying in their homes, said Philip A. Kramer, Esq. Despite the predators, it is important for consumers to remember there are skilled and experienced attorneys at Kramer & Kaslow who are helping people in need.

According to Philip A. Kramer, Esq., only attorneys authorized by the Firm are true and actual participants in the Firms current cases. Each of the Firms attorneys must be a in good standing as part of a professional law firm, complete a comprehensive application including qualifications and complete financials, undergo a review of their actual work location and a background check, participate in a 3-day training course and integrate their work on these cases into the Firms systems for checks and balances.

Current high-profile cases filed by Kramer & Kaslow in Superior Court of the State of California and County of Los Angeles include:

Law Offices of Kramer & Kaslow: Implementation of Alleged Enormous Fraud at One West/IndyMac (A single West) Leads to Lawsuit

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Calabasas, California (Vocus/PRWEB) April 17, 2011

Philip Kramer has filed a mass joinder lawsuit against A single West/IndyMac (1 West) (Marquette v. One particular West, Superior Court of California, Superior Court of Los Angeles, case quantity: BC 452 266) in what is potentially the most substantial and precedent-setting legal action taken against lenders as a result of the national foreclosure crisis, it was announced today by Philip Kramer, Esq. of Kramer &amp Kaslow.

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The firm has filed suit on behalf of a mass joinder of plaintiffs searching for damages and injunctive relief as a result of what it says is the bank’s fraud and a number of violations of Nearby, State, and Federal customer protection laws. Relief is becoming sought for fraud, to cease the illegal sale of plaintiffs homes, to force the bank to cease and desist from their outrageous conduct, as nicely as to seek compensatory damages on behalf of the plaintiffs.

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Mr. Kramer says that the lawsuit alleges 1 West perpetrated a enormous fraud, also constituting unfair competition upon borrowers that devastated the values of their residences, resulting in the loss of net worth even as 1 WEST enriched itself by knowingly selling financial instruments based on a worth the bank knew to be unwarranted. The lawsuit also alleges that A single WEST further intended to deprive several rights and remedies for the difficulties they triggered the borrowers and believes that the harm accomplished to the plaintiffs is exceeded only by the scale of the banks conduct as asserted in the plaintiffs suit.

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According to court documents, the lawsuit claims the bank disregarded underwriting requirements and implemented a enormous fraud that was concealed from borrowers and other mortgagees on an unprecedented scale. The lawsuit alleges that, as a result of the banks actions, borrowers lost equity in their houses, their credit ratings and histories were destroyed and they incurred unnecessary costs and expenditures.

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Mr. Kramer also says that the lawsuit challenges the fraudulent and illegal use of MERS in connection with the loans and mortgages, as nicely as the defendants failure to carry out their obligations pursuant to accepting TARP funds.

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I am convinced that for the initial time that aggrieved home owners are going to get a fighting likelihood, says attorney Philip Kramer. Till now, the banks have had their way, employing and abusing the program at the expense of distressed property owners across the nation. Now, following years of abusing homeowners and the greater public, the bank bullies are obtaining a excellent stiff legal punch in the nose.

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ABOUT PHILIP KRAMER&#13

PHILIP A. KRAMER is the senior partner of the Law Workplace of Kramer &amp Kaslow, in Calabasas, California. Kramer &amp Kaslow is Martindale Hubbell AV rated. Mr. Kramer is a perennial recipient of the prestigious Southern California Super Lawyer award.

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Mr. Kramer received his undergraduate degree from Ohio State University and his Juris Doctorate from the Catholic University of America, in Washington, DC. His practice emphasizes industrial litigation and trial advocacy, with a concentration on enterprise litigation, and real home matters. He has prosecuted and defended instances for more than twenty five years.

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Mr. Kramer is a licensed actual estate broker and has spent considerable time offering legal solutions in connection with true estate issues relating to loan modification and loss mitigation, land use and zoning, environmental troubles, easements, building and development, finance, and landlord tenant matters.

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Mr. Kramer is admitted to practice prior to all courts in the State of California, the United States Supreme Court and the United States Court of Military Appeals. Mr. Kramer has tried in excess of 200 instances. He has appeared on nationally televised programs relating to pre-trial process and trial strategy and has appeared as a guest lecturer on topics ranging from constitutional law to trial practice, and Mr. Kramer regularly lectures on a broad spectrum of a variety of legal and enterprise troubles.

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Mr. Kramer also serves as a Judge Pro Tem for the Los Angeles Superior Court and as a Mediator.

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Mr. Kramer is also a past president of the Los Angeles West Inns of Court, a national organization dedicated to bringing back professionalism and civility into the legal profession. He also serves on quite a few Boards of Directors and serves as an officer in many organizations.

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Kramer Kaslow: Alleged Unscrupulous Banking Practices Outcome In Mass Joinder Lawsuit Against GMAC

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Calabasas, CA (Vocus/PRWEB) April 19, 2011

Philip Kramer has filed a mass joinder lawsuit against GMAC (Locker v. Ally, Superior Court of California, Superior Court of Los Angeles, case quantity: BC 452 263) in what is potentially the most substantial and precedent-setting legal action taken against lenders as a result of the national foreclosure crisis, it was announced right now by Philip Kramer, Esq. of Kramer &amp Kaslow.

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The firm has filed suit on behalf of a mass joinder of plaintiffs looking for damages and injunctive relief as a result of what it alleges is the bank’s fraud and several violations of Local, State, and Federal customer protection laws. Mr. Kramer says that relief is becoming sought for fraud, to quit the illegal sale of plaintiffs houses, to force the bank to cease and desist from their conduct, as well as to seek compensatory damages on behalf of the plaintiffs.

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The lawsuit alleges that GMAC perpetrated a massive fraud, also constituting unfair competitors upon borrowers that devastated the values of their residences, resulting in the loss of net worth even as GMAC enriched itself by knowingly promoting economic instruments based on a value the bank knew to be unwarranted. The suit also alleges that GMAC additional intended to deprive many rights and treatments for the troubles they caused the borrowers and Mr. Kramer believes that the harm done to the plaintiffs is exceeded only by the scale of the banks conduct as asserted in the plaintiffs suit.

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According to court documents, the lawsuit claims the bank disregarded underwriting standards and implemented a massive fraud that was concealed from borrowers and other mortgagees on an unprecedented scale. The lawsuit alleges that, as a outcome of the banks actions, borrowers lost equity in their houses, their credit ratings and histories have been destroyed and they incurred unnecessary charges and costs.

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Mr. Kramer also claims that the lawsuit challenges the fraudulent and illegal use of MERS in connection with the loans and mortgages, as nicely as the defendants failure to perform their obligations pursuant to accepting TARP funds.

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The lawsuit’s filing coincides with a recent choice in a class action suit that invalidated a lot more than ten,000 foreclosure circumstances managed by GMAC Mortgage due to the fact affidavits in the circumstances were signed by a GMAC robo-signer who, according to court documents, attested to the authenticity of foreclosure documents with out any knowledge about them, as nicely as signing other false statements in the case Manson v. GMAC Mortgage LLC, 08-cv-12166, U.S. District Court, District of Massachusetts (Boston).

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I am convinced that for the very first time that aggrieved home owners are going to get a fighting likelihood, says lawyer Philip Kramer. Till now, the banks have had their way, using and abusing the method at the expense of distressed home owners across the nation. Now, soon after years of abusing home owners and the greater public, the bank bullies are acquiring a excellent stiff legal punch in the nose.

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ABOUT PHILIP KRAMER&#13

PHILIP A. KRAMER is the senior companion of the Law Workplace of Kramer &amp Kaslow, in Calabasas, California. Kramer &amp Kaslow is Martindale Hubbell AV rated. Mr. Kramer is a perennial recipient of the prestigious Southern California Super Lawyer award.

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Mr. Kramer received his undergraduate degree from Ohio State University and his Juris Doctorate from the Catholic University of America, in Washington, DC. His practice emphasizes commercial litigation and trial advocacy, with a concentration on enterprise litigation, and true house matters. He has prosecuted and defended circumstances for over twenty five years.

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Mr. Kramer is a licensed true estate broker and has spent considerable time delivering legal solutions in connection with real estate problems relating to loan modification and loss mitigation, land use and zoning, environmental concerns, easements, building and improvement, finance, and landlord tenant matters.

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Mr. Kramer is admitted to practice just before all courts in the State of California, the United States Supreme Court and the United States Court of Military Appeals. Mr. Kramer has tried in excess of 200 circumstances. He has appeared on nationally televised applications regarding pre-trial process and trial approach and has appeared as a guest lecturer on topics ranging from constitutional law to trial practice, and Mr. Kramer often lectures on a broad spectrum of different legal and business concerns.

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Mr. Kramer also serves as a Judge Pro Tem for the Los Angeles Superior Court and as a Mediator.

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Mr. Kramer is also a previous president of the Los Angeles West Inns of Court, a national organization committed to bringing professionalism and civility back into the legal profession. He also serves on several Boards of Directors and serves as an officer in numerous companies. For a lot more info get in touch with (818) 224-3900 or check out http://kramerlaw2.com

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Kramer & Kaslow: Government Seeking To Shelve Homeowner Help

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Calabasas, CA (PRWEB) April 20, 2011

Managing lawyer Philip A. Kramer at Kramer-Kaslow Law Offices, whose mass joiner lawsuits against massive lenders on behalf of property owners are shaking up the legal planet, is convinced that there is really tiny government support offered to the each day individual from the government. He doesnt anticipate that to modify any time soon, either.

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If you look at how the Democrats in Congress and the Republicans are bending over backwards to find methods not to discipline banks, its disheartening, Kramer says. Just appear at what theyre up to. Alabama Sen. Richard Shelby, the ranking Republican on the Senate Banking Committee, not too long ago dismissed as a regulatory shakedown the efforts by the CFPB and other federal agencies and state attorneys common to negotiate a settlement that would include considerable alterations to the foreclosure method and as much as $ 20 billion in mortgage principal reductions.”

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According to Kramer, this implies that the only way home owners will get support is if they fight for their rights on their personal politicians wont do it for them. Theyre also busy trying to support the banks, says Kramer. Its not just one particular party who is operating against your interests. Congressional Republicans aiming to dismantle President Barack Obamas agenda have set their sights on an effortless target – housing applications that even Democrats, gearing up to fight the cuts, concede have been mismanaged.

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In the Residence Economic Solutions Committee, Republicans program to mark up four separate bills that will pull the plug on four applications created to assist struggling property owners stave of foreclosure: the Property Inexpensive Modification System (HAMP), the Neighborhood Stabilization Plan, and the FHA Refinance System and the Emergency Homeowner Relief Fund.

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According to Kramer, Democrats and Republicans agree on one point — even if it is for different factors: They want to get rid of the programs that are supposed to be helping home owners remain in their residence. Faced with the prospect of even the existing meager help going away, what’s a individual in trouble with their loan supposed to do?

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It appears the only likelihood a homeowner is going to have in looking for redress is by means of the courts, says Kramer. The technique is clearly stacked in favor of the banks, and whether or not or not we like it, the technique is not going to safeguard the individual.

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Study more: http://www.politico.com/news/stories/0311/51364.html#ixzz1HA3pv8cF

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Study more: http://www.politico.com/news/stories/0311/50554.html#ixzz1HA4p26Ar

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About Kramer &amp Kaslow &#13

Kramer &amp Kaslow is a Expert Law Corporation our aim is to defend our customers rights and find solutions. We strive to give our customers the specialist and personal interest that they deserve. The Law Offices of Kramer &amp Kaslow specialize in Civil Litigation, Actual Estate Law, Franchise Law, Entertainment Law, Estate Arranging, Corporate Enterprise Transactions, Trademarks, Copyrights, and International Law. For much more info call (818) 224-3900 or check out http://kramer-kaslow.com

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More Loan Modification Services Press Releases

Kramer Kaslow Files Suit Against Ally Bank

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Calabasas, CA (PRWEB) April 21, 2011

Kramer-Kaslow, has filed a mass joinder lawsuit against Ally Bank, N.A. (ALLY) in Los Angeles Superior Court (Kennedy v. Ally, Case number BC459747) in what is potentially the most considerable and precedent-setting legal action taken against lenders as a result of the national foreclosure crisis, it was announced today by Philip Kramer, Esq. of Kramer &amp Kaslow.

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The firm has filed suit on behalf of a mass joinder of plaintiffs in search of damages and injunctive relief as a outcome of what it says is the bank’s alleged fraud and several violations of Local, State, and Federal consumer protection laws. Relief is being sought for alleged fraud, to cease the alleged illegal sale of plaintiffs residences, to force the bank to cease and desist from their alleged outrageous conduct, as properly as to seek compensatory damages on behalf of the plaintiffs.

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The lawsuit alleges that ALLY perpetrated a enormous fraud, also constituting unfair competition upon borrowers that devastated the values of their residences, resulting in the loss of net worth even as ALLY enriched itself by knowingly selling financial instruments primarily based on a value the bank knew to be unwarranted. The suit also alleges that ALLY further intended to deprive quite a few rights and treatments for the problems they caused the borrowers and Mr. Kramer says that he believes that the harm accomplished to the plaintiffs is exceeded only by the scale of the banks conduct as asserted in the plaintiffs suit.

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According to court documents, the lawsuit claims the bank disregarded underwriting requirements and implemented a enormous fraud that was concealed from borrowers and other mortgagees on an unprecedented scale. The lawsuit alleges that, as a outcome of the banks actions, borrowers lost equity in their homes, their credit ratings and histories have been destroyed and they incurred unnecessary fees and expenditures.

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Mr. Kramer says the lawsuit also challenges the alleged fraudulent and illegal use of MERS in connection with the loans and mortgages, as nicely as the defendants alleged failure to execute their obligations pursuant to accepting TARP funds.

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The lawsuit’s filing coincides with a current decision in a class action suit that invalidated far more than 10,000 foreclosure circumstances managed by GMAC Mortgage simply because affidavits in the circumstances had been signed by a GMAC robo-signer who, according to court documents, attested to the authenticity of foreclosure documents without having any information about them, as effectively as signing other false statements in the case Manson v. GMAC Mortgage LLC, 08-cv-12166, U.S. District Court, District of Massachusetts (Boston).

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I am convinced that for the very first time that aggrieved homeowners are going to get a fighting opportunity, says attorney Philip Kramer. Till now, the banks have had their way, employing and abusing the technique at the expense of distressed homeowners across the nation. Now, soon after years of abusing home owners and the greater public, the bank bullies are obtaining a great stiff legal punch in the nose.

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ABOUT PHILIP KRAMER&#13

PHILIP A. KRAMER is the senior companion of the Law Workplace of Kramer &amp Kaslow, in Calabasas, California. Kramer &amp Kaslow is a Martindale Hubbell AV rated. Mr. Kramer is a perennial recipient of the prestigious Southern California Super Lawyer award.

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Mr. Kramer received his undergraduate degree from Ohio State University and his Juris Doctorate from the Catholic University of America, in Washington, DC. His practice emphasizes commercial litigation and trial advocacy, with a concentration on organization litigation, and actual property matters. He has prosecuted and defended circumstances for over twenty 5 years.

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Mr. Kramer is a licensed actual estate broker and has spent considerable time offering legal services in connection with actual estate problems relating to loan modification and loss mitigation, land use and zoning, environmental issues, easements, construction and development, finance, and landlord tenant matters.

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Mr. Kramer is admitted to practice prior to all courts in the State of California, the United States Supreme Court and the United States Court of Military Appeals. Mr. Kramer has attempted in excess of 200 instances. He has appeared on nationally televised applications relating to pre-trial process and trial approach and has appeared as a guest lecturer on topics ranging from constitutional law to trial practice, and Mr. Kramer frequently lectures on a broad spectrum of different legal and business problems.

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Mr. Kramer serves also as a Judge Pro Tem for the Los Angeles Superior Court and as a Mediator.

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Mr. Kramer is also a previous president of the Los Angeles West Inns of Court, a national organization dedicated to bringing back professionalism and civility into the legal profession. He also serves on quite a few Boards of Directors and serves as an officer in several businesses. For more information, visit http://www.kramer-kaslow.com.

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Kramer & Kaslow Attorney Philip A. Kramer Weighs in on Government Loan Modification Controversy

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Calabasas, CA (PRWEB) April 30, 2011

Whilst no imminent legislation is in sight, the California Democratic Congressional Delegation did send a letter to Attorney Basic Eric Holder that concludes amongst other things, Its clear that even soon after promising to operate with borrowers, and getting government incentives to do so, economic institutions are simply stringing the American individuals along. Right after reviewing thousands of complaints from our constituents, it appears that we arent dealing with isolated incidents and that a pattern of misconduct and obstruction is present.

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When asked for a comment about the report, noted lawyer Philip Kramer explained, The technique as it is set up now merely does not operate. There is no accountability. There are no significant rewards or punishments. The lenders have each and every incentive to fall short. They do not disappoint in this regard.

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Offered the scope of the problem, it appears likely that something is going to have to be accomplished to address the circumstance, but legislators are locked in partisan battle, and it appears most likely that for the time being home owners in problems are going to have to struggle with the banks or seek redress in the courts.

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Its an unfortunate scenario, Philip Kramer comments, But I dont see something changing for the far better any time soon.

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http://lofgren.property.gov/index.php?choice=com_content material&amptask=view&ampid=605&ampItemid=89

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ABOUT PHILIP KRAMER&#13

PHILIP A. KRAMER is the senior companion of the Law Office of Kramer &amp Kaslow, in Calabasas, California. Kramer &amp Kaslow is Martindale Hubbell AV rated. Mr. Kramer is a perennial recipient of the prestigious Southern California Super Lawyer award.

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Mr. Kramer received his undergraduate degree from Ohio State University and his Juris Doctorate from the Catholic University of America, in Washington, DC. His practice emphasizes industrial litigation and trial advocacy, with a concentration on company litigation, and genuine home matters. He has prosecuted and defended instances for more than twenty 5 years.

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Mr. Kramer is a licensed true estate broker and has spent considerable time offering legal services in connection with real estate troubles relating to loan modification and loss mitigation, land use and zoning, environmental concerns, easements, construction and development, finance, and landlord tenant matters.

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Mr. Kramer is admitted to practice before all courts in the State of California, the United States Supreme Court and the United States Court of Military Appeals. Mr. Kramer has attempted in excess of 200 situations. He has appeared on nationally televised applications with regards to pre-trial procedure and trial approach and has appeared as a guest lecturer on topics ranging from constitutional law to trial practice, and Mr. Kramer frequently lectures on a broad spectrum of a variety of legal and organization troubles.

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Mr. Kramer also serves as a Judge Pro Tem for the Los Angeles Superior Court and as a Mediator.

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Mr. Kramer is also a past president of the Los Angeles West Inns of Court, a national organization committed to bringing professionalism and civility back into the legal profession. He also serves on quite a few Boards of Directors and serves as an officer in many companies. For a lot more data get in touch with (818) 224-3900 or pay a visit to http://kramer-kaslow.com

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Kramer and Kaslow: Georgia Army Sergeant Wins Case against PHH Mortgage Corp.

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Calabasas, California (PRWEB) May 03, 2011

A jury in Georgia not too long ago awarded a Fort Benning Army sergeant, David Brash, more than twenty million dollars since of what attorney Philip A. Kramer calls the egregious style of his lender (David Brash v. PHH Mortgage Corp., undertaking company as Coldwell Banker case Quantity: four:2009cv00146 Georgia Middle District Court).

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For the duration of his testimony, Brash stated that considering that he was going into combat, he set up an automatic mortgage payment, but following eighteen months, Coldwell Banker began sending late payment notices and generating telephone calls demanding payment. Concerned that a negative report to the credit reporting agencies may possibly negatively influence his military career and make it hard to get a safety clearance, Brash instantly contacted the bank to inform the lender of their error and to make confident that Coldwell Banker did not erroneously report a late payment to the credit bureaus.

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According to court documents, Brash made many attempts to right the banks erroneous reporting of delinquencies even though the bank was in reality getting mortgage payments by means of automatic deduction from Sergeant Brashs account. Also according to court documents, Sergeant Brashs letters to the mortgage company went unanswered violating federal laws. His phone calls were routed to overseas consumer service workers who had been unable to answer his inquiries.

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For the duration of the trial, the bank was forced to admit that their overseas employees had limited access to information. The bank was additional embarrassed when numerous of the calls all recorded by PHH as a matter of standard operating procedure, had been played in court. According to the recordings played in court, Brash was placed on hold for 30, 40 , and at least when for 55 minutes, and then, if he wasnt disconnected, would be presented with a distinct response and a promise to get back to him which in no way occurred.

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Philip Kramer, a perennial recipient of the prestigious Southern California Super Lawyer award, says he was appalled by Sergeant Brashs remedy, but not shocked. I deal with home owners complaints each and every day and am currently leading numerous of the biggest mass joinder lawsuits ever brought against the banks for their poor behavior in the mortgage crisis, says Kramer. Each day, I deal with individuals whose homes are in foreclosure, and it in no way ceases to amaze me how callous, and typically incompetent, the banks behavior is in dealing with people. Im not surprised that a jury awarded Mr. Bash so significantly for his problems.

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According to Brashs testimony, he recognized that he was not generating progress with the bank by way of his personal private efforts, so he engaged an attorney to represent him. Initially, Brash mentioned all he sought was to avoid a damaging report to the credit bureaus. Regardless of several phone calls and written requests, in November 2009, Brash was reported as becoming significant delinquent to credit reporting agencies.

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When the matter went to trial, the jury was appalled at how David Brash had been treated, says Philip Kramer. According to court documents, the jury awarded Brash 1 million dollars in compensatory damages plus $ 575 for out of pocket costs. They also awarded him $ 350,000 for attorney costs. The 20 million dollar award was for punitive damages.

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No a single goes into a trial for exciting, says Kramer. The bank had each chance right here to appropriate their errors, and instead by way of incompetence and denial, the produced matters worse and worse. Its a sad comment when even the military gets no respect, when they behave like this toward a patriot, a man who puts himself in harms way to safeguard our nation. I want that none of my clientele required my aid. But unless the banks begin to get it and adjust their behavior, Im sad to say I feel there are going to be a lot much more folks looking for legal redress.

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http://www.gadailynews.com/news/columbus/64192-sergeant-awarded-20-million.html#ixzz1LE000gze

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ABOUT PHILIP KRAMER&#13

PHILIP A. KRAMER is the senior companion of the Law Workplace of Kramer &amp Kaslow, in Calabasas, California. Kramer &amp Kaslow is Martindale Hubbell AV rated. Mr. Kramer is a perennial recipient of the prestigious Southern California Super Lawyer award.

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Mr. Kramer received his undergraduate degree from Ohio State University and his Juris Doctorate from the Catholic University of America, in Washington, DC. His practice emphasizes commercial litigation and trial advocacy, with a concentration on enterprise litigation, and true property matters. He has prosecuted and defended instances for over twenty five years.

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Mr. Kramer is a licensed genuine estate broker and has spent considerable time supplying legal solutions in connection with real estate problems relating to loan modification and loss mitigation, land use and zoning, environmental troubles, easements, building and development, finance, and landlord tenant matters.

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Mr. Kramer is admitted to practice ahead of all courts in the State of California, the United States Supreme Court and the United States Court of Military Appeals. Mr. Kramer has attempted in excess of 200 situations. He has appeared on nationally televised programs with regards to pre-trial process and trial technique and has appeared as a guest lecturer on subjects ranging from constitutional law to trial practice, and Mr. Kramer frequently lectures on a broad spectrum of a variety of legal and business issues.

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Mr. Kramer also serves as a Judge Pro Tem for the Los Angeles Superior Court and as a Mediator.

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Mr. Kramer is also a past president of the Los Angeles West Inns of Court, a national organization committed to bringing professionalism and civility back into the legal profession. He also serves on many Boards of Directors and serves as an officer in a lot of businesses. For much more information call (818) 224-3900 or go to http://kramer-kaslow.com

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Law Offices of Kramer & Kaslow — Noted Litigator Philip Kramer Weighs in on Lately Announced Banking Market Settlement

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Calabasas, CA (PRWEB) May 31, 2011

According to consolidated plaintive litigation lawyer Philip Kramer, the recently announced settlement between the banking business and the government, may just turn out to be much better for homeowners, as extended as the bank is not let off the hook. The settlement, as reported by the LA Occasions (http://www.latimes.com/company/realestate/la-fi-mortgage-deal-20110413,,2152407.story), is component of the consent orders issued by the U.S. Department of the Treasury, Comptroller of the Currency, was announced earlier this month with the nations twenty largest lenders.

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“Not every person is happy,” says Philip Kramer. “The bank regulators have been criticized for failing to quit unsafe lending throughout the housing boom and for pre-empting state attempts to rein in predatory lending. The settlement drew instant criticism from customer advocates and members of Congress who mentioned the new measures did not go far enough.”

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According to the LA Occasions post, “These consent orders are worse than doing nothing,” stated Alys Cohen, staff attorney for the National Consumer Law Center. “They set the bar so low on some factors and they give the banks carte blanche on others. And they give the look of undertaking anything although providing banks handle of the approach.”

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Philip Kramer, an lawyer who has led a series of consolidated plaintive litigation lawsuits alleging several of these practices and more agrees that the settlement doesnt go far sufficient. For me, the most significant problem with the settlement is that it continues the economic sector practice of letting the business police itself, says Kramer. And the remedies suggested are merely inadequate.

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According to the La Times Article, the consent orders allow for the following:&#13

The banks will designate a single person for distressed borrowers to contact so they aren’t bounced around from 1 get in touch with center employee to one more.&#13

The banks will put the foreclosure approach on hold if a mortgage has been authorized for a trial modification.&#13

The banks will establish “robust” controls and oversight for the actions of law firms and other individuals hired to support with foreclosures.&#13

The banks will hire outside auditors approved by the regulators to review foreclosure proceedings in 2009 and 2010 and recognize improper foreclosures, violations of state and federal law, and errors, misrepresentations or negligence that triggered economic harm to borrowers.&#13

The banks will compensate borrowers identified to have been harmed financially by bank wrongdoing or negligence, like setting up a process for aggrieved borrowers to make claims for remediation.

This language makes it possible for the bank to create programs and policies. Envision, if you or I committed a series of crimes and then proposed that we would come up with our own restitution program, says Kramer. No criminal charges. No jail time. Fines? Nicely figure it out later. Thats precisely what occurred here. Is it an improvement over what existed ahead of? Yes. Is it sufficient? No, absolutely not.

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The LA Times write-up says that according to the consent orders, the 14 largest mortgage servicers agreed to address the troubles with no admitting or denying wrongdoing. The orders also say that fines will be levied later, according to the Federal Reserve, which oversees the parent organizations of ten of the servicers, including Bank of America Corp., Wells Fargo &amp Co., JPMorgan Chase &amp Co. and Citigroup Inc.

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Philip Kramer hopes that this will be the beginning of actual justice rather than a final resolution. The issue is so massive, says Philip Kramer. You have banks generating faulty loans, loans they knew would blow up and leave property owners and investors in a lot of difficulty. They aggressively sold these loans. They purchased insurance coverage, knowing the loans have been faulty, and then profited once again when the loans failed. Imagine if you were a vehicle dealer and you got a shipment of vehicles with negative brakes. You knew the brakes had been undesirable, and however you aggressively sell those automobiles, and then you take out insurance coverage policies on the drivers who purchased those automobiles so that when they get killed you get even far more cash. Thats what occurred here. The banks need to have a lot much more important penalties.

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ABOUT PHILIP KRAMER&#13

PHILIP A. KRAMER is the senior partner of the Law Workplace of Kramer &amp Kaslow, in Calabasas, California. Kramer &amp Kaslow is Martindale Hubbell AV rated. Mr. Kramer is a perennial recipient of the prestigious Southern California Super Lawyer award.

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Mr. Kramer received his undergraduate degree from Ohio State University and his Juris Doctorate from the Catholic University of America, in Washington, DC. His practice emphasizes commercial litigation and trial advocacy, with a concentration on company litigation, and genuine home matters. He has prosecuted and defended instances for over twenty five years.

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Mr. Kramer is a licensed true estate broker and has spent considerable time providing legal services in connection with real estate problems relating to loan modification and loss mitigation, land use and zoning, environmental troubles, easements, building and development, finance, and landlord tenant matters.

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Mr. Kramer is admitted to practice prior to all courts in the State of California, the United States Supreme Court and the United States Court of Military Appeals. Mr. Kramer has tried in excess of 200 situations. He has appeared on nationally televised applications regarding pre-trial process and trial method and has appeared as a guest lecturer on subjects ranging from constitutional law to trial practice, and Mr. Kramer often lectures on a broad spectrum of a variety of legal and organization troubles.

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Mr. Kramer also serves as a Judge Pro Tem for the Los Angeles Superior Court and as a Mediator.

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Mr. Kramer is also a past president of the Los Angeles West Inns of Court, a national organization committed to bringing professionalism and civility back into the legal profession. He also serves on quite a few Boards of Directors and serves as an officer in numerous organizations. For a lot more details contact (818) 224-3900 or check out http://kramer-kaslow.com

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Kramer Kaslow: House Mortgage Servicer Sues Lender in Unprecedented Law Suit

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Calabasas, CA (PRWEB) Might 31, 2011

Consolidated plaintiff litigation attorney Philip A. Kramer announced not too long ago that 1 West Bank, a servicer of residence mortgages, is suing a lender, HSBC, in order to avoid them from foreclosing on homeowner Pamela Jeter. (1 West Bank, FSB vs HSBC Bank Association, as trustee of the Deutsche Alt-A Securities Mortgage Loan Trust, Series 2006-AR5 United States District Court, Southern District of New York Case 1:10-cv-04855-SHS).

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News websites such as Propublica.org are weighing in on the suit. The suit is exceptional not only because it seems distinctive — close observers stated they hadn’t noticed another instance of a servicer going to court against a trustee — but also since it lays bare a relationship that is normally a mystery to homeowners and investors in securitized mortgages, stated Propublica.org representatives.

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Philip Kramer, an attorney and senior companion at the law firm of Kramer &amp Kaslow as effectively as a previous president of the Los Angeles West Inns of Court, a national organization dedicated to bringing professionalism and civility back into the legal profession also weighed in on the suit. In all my years of practicing law, I have in no way observed anything like this, says Philip Kramer. I have noticed lenders deny men and women ahead of. I have observed paperwork get lost. I have observed all types of things, but what happened next was a 1st even for me. For a servicer to sue the noteholder? That is unheard of!

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ABOUT PHILIP KRAMER&#13

PHILIP A. KRAMER is the senior companion of the Law Workplace of Kramer &amp Kaslow, in Calabasas, California. Kramer &amp Kaslow is Martindale Hubbell AV rated. Mr. Kramer is a perennial recipient of the prestigious Southern California Super Lawyer award.

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Mr. Kramer received his undergraduate degree from Ohio State University and his Juris Doctorate from the Catholic University of America, in Washington, DC. His practice emphasizes industrial litigation and trial advocacy, with a concentration on company litigation, and real house matters. He has prosecuted and defended cases for more than twenty five years.

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Mr. Kramer is a licensed actual estate broker and has spent considerable time providing legal solutions in connection with actual estate issues relating to loan modification and loss mitigation, land use and zoning, environmental issues, easements, construction and development, finance, and landlord tenant matters.

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Mr. Kramer is admitted to practice prior to all courts in the State of California, the United States Supreme Court and the United States Court of Military Appeals. Mr. Kramer has tried in excess of 200 circumstances. He has appeared on nationally televised applications with regards to pre-trial process and trial strategy and has appeared as a guest lecturer on topics ranging from constitutional law to trial practice, and Mr. Kramer frequently lectures on a broad spectrum of various legal and company problems.

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Mr. Kramer also serves as a Judge Pro Tem for the Los Angeles Superior Court and as a Mediator.

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Mr. Kramer is also a past president of the Los Angeles West Inns of Court, a national organization committed to bringing professionalism and civility back into the legal profession. He also serves on numerous Boards of Directors and serves as an officer in several organizations. For a lot more details get in touch with (818) 224-3900 or check out http://kramer-kaslow.com

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Related Loan Modification Services Press Releases

Kramer and Kaslow: Class Action Suit Brought Against JPMorgan

Posted on by


Calabasas, CA (PRWEB) June 01, 2011

According to a recent New York Instances article, A class action lawsuit has been filed on behalf of the investors (The suit was filed in United States District Court Southern District of New York. Case 1:09-cv-00686-DCF) alleging that JPMorgan workers developed a grand scheme to profit from Sigma in the event of a collapse.

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The New York Occasions goes on to report that, The case, which is filed as a class action and consists of several pension funds as named plaintiffs, accuses JPMorgan of breaching its duty to maintain its consumers in protected investments, and it sheds new light on one particular of Wall Streets oldest troubles regardless of whether banks treat their clientele cash with the identical care that they treat their own.”

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Renowned litigator Philip Kramer, senior partner at the law firm of Kramer &amp Kaslow, comments, Chase had understanding of the shaky nature of the investment at the extremely highest level. Its one factor to make a error. That happens all the time. But this was not an oversight. This was not an accident.

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ABOUT PHILIP KRAMER&#13

PHILIP A. KRAMER is the senior companion of the Law Office of Kramer &amp Kaslow, in Calabasas, California. Kramer &amp Kaslow is Martindale Hubbell AV rated. Mr. Kramer is a perennial recipient of the prestigious Southern California Super Lawyer award.

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Mr. Kramer received his undergraduate degree from Ohio State University and his Juris Doctorate from the Catholic University of America, in Washington, DC. His practice emphasizes industrial litigation and trial advocacy, with a concentration on organization litigation, and true home matters. He has prosecuted and defended instances for over twenty 5 years.

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Mr. Kramer is a licensed actual estate broker and has spent considerable time providing legal services in connection with true estate problems relating to loan modification and loss mitigation, land use and zoning, environmental problems, easements, building and improvement, finance, and landlord tenant matters.

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Mr. Kramer is admitted to practice just before all courts in the State of California, the United States Supreme Court and the United States Court of Military Appeals. Mr. Kramer has tried in excess of 200 cases. He has appeared on nationally televised applications relating to pre-trial procedure and trial approach and has appeared as a guest lecturer on topics ranging from constitutional law to trial practice, and Mr. Kramer frequently lectures on a broad spectrum of numerous legal and business issues.

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Mr. Kramer also serves as a Judge Pro Tem for the Los Angeles Superior Court and as a Mediator.

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Mr. Kramer is also a past president of the Los Angeles West Inns of Court, a national organization committed to bringing professionalism and civility back into the legal profession. He also serves on many Boards of Directors and serves as an officer in many firms. For more data get in touch with (818) 224-3900 or visit http://kramer-kaslow.com

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