Home John Adams Operating on a Suspended Law License, VA GOP AG Nominee Represented Huge...

Operating on a Suspended Law License, VA GOP AG Nominee Represented Huge Subprime Lender That “Shattered Lives”

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On October 18, the Washington Post reported that “John Adams, the Republican candidate for Virginia attorney general, briefly had his law license suspended in 2011 for failure to pay annual fees to the state bar.” The Richmond Times-Dispatch added, “Kevin Martingayle, a lawyer in Virginia Beach and a past president of the Virginia State Bar, said he could not recall any colleagues or friends in law having to deal with a suspension caused by failure to pay dues on time.”

Brilliant, eh? So what was Adams up to in October 2011, while operating under a suspended law license?  See below for a case filed 10/17/2011 in the U.S. District Court, Nevada, in which the Defendants were Countrywide Home Loans, Inc., Federal National Mortgage Association, MersCorp, Inc., Mortgage Electronic Registration Systems, Inc., ReconTrust Company, N.A., ReconTrust Company, BAC Home Loans Servicing, LP (“BAC-HLS”), and CTC Real Estate Services.”

For information about Countrywide Home Loans, see Countrywide Mortgage Devastation Lingers as Ex-Chief Moves On, which talks about how a company that was “once the nation’s largest subprime mortgage lender…was at the epicenter of the mortgage meltdown that in 2008 brought the nation’s economy to its knees,” and which resulted in “thousands of loans with exploding interest rates made to unsophisticated borrowers who had no ability to repay them,” “abusive foreclosure practices that increased the burden on struggling people” and “shattered lives.”

Yep, THAT is who John Adams, the GOP nominee for Virginia Attorney General, was representing – on a suspended law license, no less. Is this the type of person we want enforcing the laws of our Commonwealth? Nope, didn’t think so.