Freedoms Defense Fund video
You might think it sounds like a shameless joke, but "
Foreclosure King" is the moniker for David Trott - Michigan's Republican Party candidate in the 11th Congressional District. His firm proudly boasts of pushing 80,000 homes through the foreclosure mill in the past year. He openly states that he no longer has a significant presence in the operations of Trott & Trott, however he still is on the board and is paid by the company.
"He built the machine that was made to feed off of human misery," said Curtis Hertel Jr., register of deeds for Ingham County, Michigan, who tangled with Trott's law firm on a number of cases. "I've had kids crying in my office. I've seen terrible human tragedy, and frankly they didn't care." --- New Republic
Detroit Eviction Defense Street Hearing
Those present discuss their personal histories of dealing with Trott & Trott. After which a street hearing is held questioning the interrelated businesses of David Trott.
The questioning of the impersonating "Trott" was asked about business practices. This summation from New Republic is comprehensive.
Mortgage servicing companies typically hire one or two law firms to conduct all the foreclosure business in a particular state. Trott & Trott, the law firm founded by David Trott's father, cornered that market in Michigan, working for banks like JPMorgan Chase, Bank of America, and Wells Fargo, along with government-sponsored entities like Fannie Mae and Freddie Mac. Trott was quoted in a 2007 interview saying that foreclosures were "all we've ever done." He would grow the firm to 1,800 employees, processing two-thirds of all Michigan foreclosures and completing as many as 80,000 foreclosures a year. The name Trott was well-known throughout Michigan: In 2013, anti-foreclosure activists set up "Trottville" encampments across the state to protest evictions.
Trott & Trott profited from more than just legal work on foreclosures. The company bought up ancillary businesses needed to successfully foreclose in Michigan. Trott & Trott owned or held a significant stake in:
- Detroit Legal News, which publishes 80 percent of Michigan's required legal notices prior to foreclosure;
- NDeX, a company that processes mortgage paperwork;
- the Attorneys Title Agency, which does title searches for the law firm; and
- Coldwell Banker Weir Manuel, a real estate firm that handles many of the foreclosed properties.
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Trott For Foreclosure