September 17, 2008

Trott & Trott: We Profit from Your Misery!

McCain’s Michigan headquarters rented from law firm specializing in mortgage foreclosures
By Todd A. Heywood 7/15/08 4:47 PM
The new Great Lakes Campaign Headquarters for Republican Arizona Sen. John McCain’s presidential bid is located in a Farmington Hills building owned by Trott & Trott, a law firm that specializes in mortgage foreclosures, documents show. Former Massachusetts Gov. Mitt Romney, considered a possible running mate for McCain, delivered a keynote address that served as a ribbon-cutting there Monday on McCain’s behalf.
This potentially embarrassing news comes at a time when many Michigan homeowners are suffering. In January Detroit led the country with nearly 5 percent of its homes entering some phase of foreclosure. [my bold] This was 4.8 times the national foreclosure average of just over 1 percent. In addition, shows thousands of properties in foreclosure in Oakland County, where Farmington Hills is located.
When Michigan Liberal’s Eric Barren reported the new office, the Trott Financial Center, is located at 31440 Northwestern Highway, Suite 100, Farmington Hills; his post identified the owner as Trott & Trott. In fact the property is owned, according to Famington Hills city property records online, by NW13, L.L.C. The agent for contact on this company is Paul Stodulski. Crain’s Detroit Business reports Trott & Trott is a majority owner of the building, along with Stodulski.
[...] Calls to Trott & Trott, which identifies itself as a collection agency on the recorded greeting, were also not returned.
McCain campaign officials have not yet responded to a request for comment on this story.
David A. Trott
Trott & Trott
Farmington Hills, Michigan

David A. Trott practices in the areas of mortgage foreclosure and bankruptcy. He is a member of the State Bar of Michigan, the District of Columbia Bar, the Consumer Bankruptcy Association, the Michigan Mortgage Lenders Association, the Mortgage Bankers Association of America, the U.S. Foreclosure Network (USFN), the American College of Mortgage Attorneys, the Young Presidents Organization, and the Michigan Land Title Association. He has served as a faculty member and lecturer for ICLE, Professional Education Systems, Inc., and the National Business Institute. Mr. Trott has delivered seminars on matters relating to mortgage servicing to the Michigan Mortgage Lenders Association and to all of the Michigan field offices of the Department of Housing and Urban Development. He has served on the advisory committee to the U.S. Bankruptcy Court responsible for reviewing and revising the Local Rules for the Eastern District of Michigan and also on a similar committee for the State District Court in Detroit. This committee made recommendations on how to simplify and streamline the eviction process. He participated on the "Free Legal Advice" panel at the National Servicing Conference in 1994, and spoke on the Fair Debt Collection Practices Act and Lender Liability arising from Force Placed Hazard Insurance. In 1996, Mr. Trott was selected by "Crain's Business Weekly" as one of "Detroit's Best and Brightest Leaders Under the Age of 40." He has chaired several Michigan Mortgage Lender Association committees, including Loan Administration, Convention, and Affordable Housing; was elected to its board of governors; and, in 1997, completed his term as president of the association. In November of 1999, he received the James T. Barnes award recognizing his outstanding contributions to the mortgage banking industry. Mr. Trott is president and managing attorney at his firm, president of USFN (America’s Mortgage Banking Attorneys), and a fellow of the American College of Mortgage Attorneys.
Trott & Trott is mentioned on this web site which reports real estate fraud and the "flipping frenzy, but I'm sure there's more dirt out there:

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