Has The MI GOP Pinned Their Hopes On The Sinking USS David Trott?

When The Media Can’t Find Anyone Other Than People On Your Payroll To Say Nice Things About You, Maybe Running For Congress Wasn’t Such a Great Idea

 

sinking battleshipIf you’re not a Michigan political insider, you probably never heard of the MIRS Political Newsletter. It is the must read non-partisan political newsletter of every member of the Michigan Legislature and their staff.

Last week, they ran a piece on foreclosure mill operator, David Trott and his bid to unseat Congressman Kerry Bentivolio in Michigan’s 11th District.

Trott made his money by turning the foreclosure mill law practice he inherited from his father into a one-stop monopoly on everything regarding to foreclosures for banks. Trott’s vast foreclosure empire includes, the Detroit Legal News and it’s sister publications throughout Michigan that advertise 80% of the foreclosures in Michigan, Greco Title and Seaver Title which he merged with Lawyers Title several years ago and the Coldwell Banker Weir Manuel Real Estate offices through out southeast Michigan.

Trott like his most other foreclosure mills has his share of robo-signers who have forged documents that have been filed with Register of Deeds offices through out the state of Michigan.

Trott’s firm is also infamous for denying people their right under Michigan law. MCL 3205a, which has now been eliminated thanks to Trott’s monetary influence over the GOP dominated Michigan Legislature, was created to allow homeowners an opportunity to have a conference with their mortgage servicers that Trott represents. MFI-Miami clients have had their foreclosure cases tossed by Michigan courts because lawyers at Trott’s firm have either not shown up for these conference calls or the Trott attorney has simply left the people on hold for nearly 45 minutes to an hour.

Trott & Trott also employs a bait and switch tactic of “Dual Tracking” in order to foreclose on a homeowner.  Dual Tracking is where the foreclosure mill or mortgage servicer will convince the homeowner that they are working to keep them in their home while moving ahead with foreclosure proceedings.

Trott made headlines after MFI-Miami exposed his involvement in kicking 101-year old Texan Hollis out of her home of 60 years.

Now Trott’s jerking around of former Green Beret and MFI-Miami client, Jeff Reed in Traverse City in 2012 has become an Achille’s Heel for Trott.  Trott was fired from the case after he made it a global embarrassment for JPMorgan Chase CEO Jamie Dimon.

Last week, MIRS Editor Kyle Melinn did his best to paint a positive picture for Trott but could only find two GOPers that would be willing to make public comments and they’re on Trott’s payroll.

The first is Trott consultant Stu Sandler, who spun this line of bullshit.

“No one wants anyone to lose a home. The law firm works with parties to avoid foreclosures through loan modifications, short sales, and other means. However, our economy depends on people paying their bills.” 

You may remember Sandler, he was the campaign manager for Michigan’s former skirt chasing Attorney General Mike Cox and who’s cuckolded wife, Wayne County Commissioner Laura is a major fundraiser for Trott.

The other GOPer quoted in the piece was former GOP Governor John Engler Propagandist, John Truscott of Truscott Rossman, also a paid Trott consultant, who made some ambiguous suggestion that Trott may want to have success stories at the ready.

It’s also clear that Truscott doesn’t understand what Trott’s business is all about.

“Part of Trott’s business is to make arrangements that kept people in their homes while making sure his client, the lender, gets paid. Telling those stories could be helpful.”

Troscott also defends Trott by saying,  “It’s tough to blame him  (for people’s problems)”

Comments

  1. This is from Democracy Now, September 2008 : GOP in Michigan to Use List of Foreclosed Homes to Block Voters
    In election news, the Michigan Messenger reports the chairman of the Republican Party in Macomb County, Michigan is planning to use a list of foreclosed homes to block people from voting in the upcoming election as part of a Republican effort to challenge some voters on Election Day. The Republican plan to challenge voters who have defaulted on their house payments is likely to disproportionately affect African Americans who are overwhelmingly Democratic voters. In Michigan, more than 60 percent of all sub-prime loans were made to African Americans. John McCain’s campaign stands to benefit in other ways, as well, from the burgeoning number of foreclosures in Michigan. McCain’s regional headquarters are housed in the office building of foreclosure specialists Trott & Trott. The firm’s founder, David Trott, has raised between $100,000 and $250,000 for the Republican nominee.

    • David Trott has been a major behind-the-scenes player in the Michigan Republican Party for years. In the days before Citizens United, Trott was a prominent “bundler” of campaign donations. He gave big to George W. Bush, John McCain, Willard “Mitt” Romney and state-level candidates like Dick DeVos (who lost to Gov. Jennifer Granholm in 2006) and current Gov. Rick Snyder. And he’s the regular host/sponsor of one of the biggest social events on the MIGOP calendar, their annual Lincoln Day Dinner.

      When the Congressional districts were redrawn after the 2010 Census — a process dominated by Republicans who had “run the table” in Michigan that year — the new 11th District was shifted north. The blue-collar Wayne County communities like Westland, Garden City, Belleville and Dearborn Heights were removed, replaced by upscale Oakland County communities like Troy, Birmingham, Bloomfield Hills and Auburn Hills.

      Thing is, the then-incumbent Congressman, Rep. Thaddeus McCotter, had his political base in Wayne County. He had never represented those areas in Oakland County. Trott, on the other hand, is based in Oakland County, and could count on support from the likes of longtime County Executive L. Brooks Patterson (a self-styled kingmaker who loves meddling in other contests).

      Many have speculated whether Trott had influenced the new map to benefit his own eventual run for Congress, either waiting for McCotter to retire or directly challenging him (McCotter had spent much of 2011 running for President, netting exactly 35 votes at the Iowa Straw Poll before giving up, and was considered eccentric even by his House colleagues).

      Then in 2012, the weirdness hit. McCotter failed to submit enough valid signatures to get on the ballot — and most of the ones he did submit were obvious fakes and forgeries copied from previous campaign cycles. He dropped out of the race, then resigned from Congress altogether, leaving a void on the Republican ballot filled by a marginal figure named Kerry Bentivolio.

      Trott strongly considered a write-in challenge to Bentivolio, but backed off (probably a smart move, as the eventual write-in challenger was handily defeated). Now, in 2014, he’s on the primary ballot for real, and very quickly lined up dozens of endorsements and a war chest in excess of a million dollars (more than half of it from his own fortune, earned from process foreclosures and ordering evictions).

      That Trott’s campaign is flailing is good news for Rep. Bentivolio, the “Accidental Congressman” who has been an embarrassment to his Party and his District. It’s even better news for Michigan Democrats, who have a real chance to pick up a seat despite the gerrymander designed to keep them on the sidelines.

  2. Monday, April 6, 2009 – Attorney General Eric Holder at the Foreclosure Rescue Scams and Loan Modification Fraud Press Conference — For millions of Americans, the dream of home ownership has become a nightmare. The unscrupulous actions of individuals and companies who exploit the misfortune of others is despicable, immoral, and ILLEGAL.
    St, Clair County|Michigan By law, every COUNTY Prosecutor’s office must work with willing victims of crime to ensure that their rights are respected. But many crime victim rights can only be exercised if the victim decides to exercise those rights. If you have never reported a crime, you will not be able to exercise your rights.
    Contact Us – Sent: 8/4/2011 10:36:00 A.M. Eastern Daylight Time Thank you for contacting us. Your message has been sent to Prosecuting Attorney.
    We will do our best to respond to your message in a timely manner.
    11/19/2012 MOTION HEARING
    Plaintiffs – TROTT LAW FIRM _ motion for entry of
    default judgment of fore-
    closure; Defts ( Victims ) appeared.
    Defts filed mortgage fraud claims w/prosecutors office – refused to protect individuals from harm
    No answer has been filed.
    Default judgment is granted.
    Order presented & signed.
    .
    PREDITORY PRACTICES — Foreclosure law firms like Orlans and their cross town rivals, TROTT and TROTT have followed the business model of other foreclosure mills across the country by starting or buying title companies so they could hide any assignment issues such as forged assignments and affidavits from the public. The theory was that the quicker they could removed someone from a home the less likely it was that anyone would notice that fraud was being committed. Property was claimed to be *SOLD on April 11,2013.
    .
    Google Michigan Foreclousures and ZILLOW – TROTT Law Firm has possession of thousands of homes, whereas Modifications were systematically denied – and robo signed by corrupt circuit court judges. They are keeping property prices inflated so people can not afford a home in Michigan.

    • The shadow banking system is a term for the collection of non-bank financial intermediaries that provide services similar to traditional commercial banks. Former Federal Reserve Chair Ben Bernanke provided a definition in April 2012: “Shadow banking, as usually defined, comprises a diverse set of institutions and markets that, collectively, carry out traditional banking functions–but do so outside, or in ways only loosely linked to, the traditional system of regulated depository institutions. Examples of important components of the shadow banking system include securitization vehicles, asset-backed commercial paper (ABCP) conduits, money market mutual funds, markets for repurchase agreements (repos), investment banks, and mortgage companies.” Shadow banking has grown in importance to rival traditional depository banking and was a primary factor in the subprime mortgage crisis of 2007-2008 and global recession that followed.

Click on a tab to select how you'd like to leave your comment

Speak Your Mind

*