Huge foreclosure law firm lays off 70 percent of staff

One of Florida's largest foreclosure law firms laid off a third round of employees Thursday, the same week mortgage giants Fannie Mae and Freddie Mac descended on the offices to remove their case files and sever ties with the company.

Employees in the Plantation-based law offices of David J. Stern, which is connected with the publicly traded DJSP Enterprises Inc., received an e-mail Thursday morning that said staffing at the company was being slashed 70 percent.

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