Florida Foreclosure Help Scams and Mortgage Relief Fraud: Con Artists Prey on Florida Homeowners and Borrowers Promising to Help Fight Foreclosure – Don’t Be a Victim

| August 13, 2013

Florida foreclosures are still a big problem for Florida borrowers; Florida homeowners; Florida lenders; and everyone else in the State of Florida impacted by the Florida housing industry or Florida real estate market. Yes, that’s pretty much everyone here in Florida. Enter the fraudsters: con artists who see borrowers in a foreclosure situation not with […]

Florida Deficiency Foreclosure Claims: Banks Now Have One Year Statute of Limitations Deadline to Pursue the Deficiency

| June 18, 2013

Last Update: 08/01/16 In Florida, when the mortgage balance is more than the sales price of a home in foreclosure, there is a “deficiency” – stated another way – the deficiency is the amount due the lender when the sale proceeds in a short sale are not enough to pay the loan balance. That “deficiency” […]

Infographic: Troubled Asset Relief Program (TARP) As of March 2012 Per Congressional Budget Office

| May 2, 2013

HAMP Trial Period Plan Lawsuits: Borrowers Sue Banks for Failing to Do the Right Thing in TPP Loan Modification as Lenders Fail To Follow HAMP Requirements

| April 30, 2013

Florida homeowners, and borrowers across the country, are no longer considering HAMP (Home Affordable Modification Program) to be the big success that it was touted to be by the Treasury Department when it debuted back in 2009.  HAMP, as you may recall, was a part of the MakingHomeAffordable program which describes itself as: The Making […]

Florida Legislature Annual Session Begins Today: Proposed Laws That Impact South Florida Home Owners In a Big Way Are on the Table

| March 5, 2013

Today, the 60-day annual session of the Florida Legislature begins, and the entire country is watching.  The next nine weeks are going to be a very important time for Floridians, especially Florida home owners. Things began with Governor Rick Scott’s State of the State address (read it here) but for Florida home owners and Florida […]

Florida Short Sales: Home Owners Selling in Short Sales Need to Be Aware of the Tax Lien Investor: Who Holds The Liens on Your Florida Property?

| February 12, 2013

Across the country, there’s lots of positive feedback about Fannie Mae’s “HomePath for Short Sales” where any Fannie Mae-owned home loan can be escalated by the realtor – and once this happens, Fannie Mae people enter the transaction to work directly with the mortgage servicer as well as the realtor to get things resolved and […]

Will Florida Home Owners Get a Home Loan Mortgage From Walmart? Walmart, Paypal, CostCo and Others Moving into Banking Business: Will Florida Law Protections Be There for You Too? Maybe Not.

| December 11, 2012

People in Florida, particularly South Florida, have learned a lot about how banks work just by reading their newspaper or watching the news.  There have been countless stories written and so much other media coverage of the banking industry related to foreclosure hijinks, including robosigning and mortgage fraud.  This media coverage has exposed more than […]

Florida Mortgage Loan Modifications Denials and Modification Appeals: Submission and Re-Submitting of Loan Modifications in Fraud-Filled Florida Real Estate Marketplace To Get Your Deal Done

| December 4, 2012

Loan modifications of home loan mortgages are in the news these days — and lots of these home loan modification stories are scary horror stories that are filled with all kinds of villains taking advantage of good people for money.  It’s greed, in several different forms.  Loan modifications should be straight-forward and pretty easy to […]

Florida Bank Reject Your Loan Modification? It Seems to be Happening to Lots of South Florida Homeowners: What’s Up? In Other States, Home Owners Are Suing Banks for Failed Modifications

| November 20, 2012

Sitting in an office where lots of people call on the phone, send emails to us, and come in for a visit — all related to foreclosure issues or underwater mortgages in South Florida, it may well be that we have a different view on things than some other people.  This is not a statistical […]

Federal Housing Finance Agency Pushes Banks to Go After Home Owner Borrowers for Deficiencies: October 17 Report Wants More Revenue to Fannie Mae and Freddie Mac From Deficiency Collections

| October 18, 2012

Watch out: yesterday a new report was released by the Federal Housing Finance Agency (FNFA) (you can read it online here) that finds mortgage bank agencies Fannie Mae and Freddie Mac  could increase their revenue by aggressively going after collection of deficiencies on home loans and on deficiency judgments.  Apparently, when they looked at the […]

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