Philip Kramer Responds to Deutsche Bank Suit Against Foreclosure Expert

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The Law Offices of Kramer-Kaslow: Foreclosure expert Lynn Szymoniak faces lawsuit from Deutsche Bank

Kramer & Kaslow

The Law Offices of Kramer and Kaslow recently weighed in on a news article published on the Huffington Post web site last month. According to the Huffington Post's report, Deutsche Bank is suing the son of foreclosure expert Lynn Szymoniak for what she is quoted in the article is "in retribution for her efforts to bring their malfeasance to light."

Ms. Szymoniak recently appeared on an April 3, 2011 60 Minutes episode, and blasted the lenders for what she believes are their errant ways. For more details, view Ms. Szymoniak’s response to the Deutsche Bank suit (Palm Beach Circuit Court, CASE NO: 50 2008 CA 022258 XXXXMB)

In the Huffington Post article, it is reported that shortly after the appearance on 60 Minutes: “Szymoniak won a major victory in her own foreclosure case. The court found that Deutsche Bank was unable to demonstrate ownership of her mortgage, which had originally been issued by the defunct subprime mortgage lender Option One, and threw the case out.”

According to court documents, Deutsche Bank was permitted to re-file their case if the bank could obtain proper documentation, however. And on Friday, May 6, Szymoniak received a notification from the bank's lawyers that she was again being sued for foreclosure.

Furthermore, according to court documents, Deutsche Bank wasn't just going after her. The bank was also attempting to sue her son, Mark Cullen, who is currently pursuing a graduate degree in poetry at the New School in New York. Cullen hasn't lived in Szymoniak's house for seven years and is not a party to any aspect of her mortgage -- he has no interest in either the property or the loan, and never has had any such interest, according to Szymoniak.

"It is just absolute harassment," Szymoniak said in her interview with the Huffington Post. "He doesn't own anything, for god's sake! He's getting a masters in poetry. He not only doesn't have any money, he's never going to have any money."

Both Deutsche Bank and their legal counsel, Akerman Sentertfitt LLP, declined to comment.

California-based consolidated plaintiff litigation attorney Philip Kramer, whose Kramer & Kaslow law firm has filed multiple lawsuits against lenders on behalf of homeowners comments, “I am not surprised to hear that Deutsche Bank had improper record keeping. That is rampant. I am not surprised that they re-filed the suit. It was either that or by their silence admit wrongdoing. What is startling is that they would seek retribution against an innocent third party. I can’t believe that any court will let this stand.”

Learn more by visiting the Kramer and Kaslow blog.

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

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 business litigation, and real property matters. He has prosecuted and defended cases for over twenty five years.

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

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 tried in excess of 200 cases. He has appeared on nationally televised programs regarding pre-trial procedure 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 business issues.

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

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

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Stuart R. Simone, Esquire
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