Freddie Mac Splits With Law Offices Of Marshall Watson

The Federal Home loan mortgage corporation ("Freddie Mac") announced on March 11, 2011, that it is taking its foreclosure cases away from the Marshall C. Watson Law Firm. The Watson firm, based in Ft. Lauderdale, Florida, was one of the firms most often used by Freddie Mac, Fannie Mae and mortgage-backed trusts to foreclose in Florida.

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While the firm is not identified in the report, Freddie Mac cut ties with the Fort Lauderdale-based Law Offices of Marshall C. Watson in early March. The Watson firm remains on Fannie Mae’s.

Freddie Mac and the Law Offices of Marshall Watson, a Fort Lauderdale, Fla.-based law firm, have parted ways. The split ‘was a mutual decision between the firm and Freddie Mac,’ Freddie Mac spokesperson brad german tells mortgageorb. Watson is one of several law firms under civil investigation by the office of Florida’s attorney general, Pam Bondi.

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Though the law firm was left unnamed in the report, news reports have identified the firm to be the Fort Lauderdale-based Law Offices of Marshall B. Watson. Watson’s firm was fired by Freddie Mac in March of this year. Prior to that, the firm handled roughly 10 per cent of Freddie Mac’s foreclosures in Florida.

Freddie Mac is dropping one of the law firms in Florida that is under investigation for the handling of home repossessions. The Marshall C. Watson Law firm Will the removal of files from law firms around the country become more of the rule than the exception as improprieties continue to be exposed?

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