Calabasas, CA (PRWEB) June 22, 2011
Lead lawyer at for the Law Offices of Kramer and Kaslow, Philip Kramer, not too long ago released comments on the newest Mortgage Litigation Index numbers compiled by MortgageDaily.com. According to the newest Mortgage Litigation Index, mortgage servicing litigation increased 88 percent for the duration of the first quarter, according to MortgageDaily.com. The increasing quantity of lawsuits suggests economic institutions will be increasingly below pressure to resolve outstanding mortgage and foreclosure problems.

Philip A. Kramer, a noted lawyer who represents hundreds of property owners who have filed consolidated plaintiff litigation lawsuits against six of the nations largest lenders, commented on what he feels that the statistics indicate.

What youre seeing here are the cumulative final results of years of egregious conduct that have not been properly addressed by regulatory authorities. Kramer finds especially noteworthy the dramatic increase in investor and criminal litigation. If you appear at these charts, says attorney Kramer, You see that investors are increasingly turning to the courts for redress. The courts have turn out to be the significant avenue of redress due to the fact other institutions have failed. At least until now. The charts also show an elevated number of criminal suits which suggests that government neighborhood, state and federal — is developing increasingly active in redressing some of these troubles.

Philip Kramer observes, It looks to me like we have reached a tipping point. Either banks are going to settle voluntarily, or the courts are going to impose options. A single way or another, it appears like a resolution is on the way.

A lot more of Philip Kramers thoughts can be located at the Kramer and Kaslow weblog.

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 industrial litigation and trial advocacy, with a concentration on organization litigation, and genuine 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 genuine estate concerns relating to loan modification and loss mitigation, land use and zoning, environmental problems, easements, building and improvement, 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 instances. He has appeared on nationally televised programs concerning 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 numerous legal and company concerns.

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

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 quite a few Boards of Directors and serves as an officer in several companies. For much more info get in touch with (818) 224-3900 or check out http://kramer-kaslow.com

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