Florida Illegal or Nonconforming Home Conversions Are Growing Problem: Florida Home and Condo Buyers Should Know Risks of Buying Home With Illegal Improvements

| March 1, 2012

Last Update: 02/24/16 The reality that Florida real estate is in a Wild West situation is known by most professionals in the real estate industry — but it just keeps getting more wild it seems.  Now, there is a growing problem with illegal home conversions – which potential buyers may know as “nonconforming conversions. ” […]

Florida Home Owners Need to Know This About the Attorneys’ General National Settlement Agreement on Foreclosure Fraud

| February 16, 2012

More on the big news this week on Florida foreclosures.  After all, there are many things to consider as a Florida homeowner or Florida mortgage holder with this new Attorneys General – Bank Foreclosure Settlement.  Here are just a few of them. First things first, it may be putting the horse before the cart for […]

Lawsuit Alleges Massive Appraisal Fraud or Appraisal Negligence By Florida’s Largest Home Insurance Provider

| February 9, 2012

There’s big news coming out of Florida this week about phony real estate values (again): a big lawsuit has been filed claiming that Citizens Property Insurance Company has been inflating real estate values in the replacement value of homes so they can charge the Florida homeowner higher insurance premiums. The Florida Association for Insurance Reform […]

Real Estate Appraisal Errors Remain a Huge Problem: Consider This “Hole in the Wall” Story – What To Look For In Your Florida Home Appraisal

| January 19, 2012

Last Update: 02/24/16 Sometimes, the easiest way to understand something is to consider one example.  In the case of appraisal error, a recent news story about a phony and fraudulent New York home appraisal really helps to make things clear.  In many instances, appraisals are bad because of fraud – and because of negligence. Great […]

New Pew Study Finds Many Americans Think It’s Okay to Default on an Underwater Mortgage: Evaluating Your Options

| December 29, 2011

The Pew Research Center is one of the country’s most respected research firms, and here at year end, many are listening to what Pew is  reporting regarding Americans’ take on the foreclosure crisis and people not paying their mortgages.  What has Pew discovered? In answers to a Pew survey, thirty-six percent (36%) of Americans said […]

Home Appraisal Fraud Getting More Attention Including New Insurance Coverage for Bad Real Estate Appraisals

| November 29, 2011

Appraisal fraud is a big, big problem both in Florida and across the country. Now, it may be that this hole in the dam that is ForeclosureFraud may start to get fixed — there seems to be some movement towards fixing appraisal fraud and appraiser negligence. Appraisal Fraud Insurance Coverage Announced – For Lenders and […]

FBI 2010 Mortgage Fraud Report Finds Florida Top Mortgage Fraud State in the Nation, Tampa and Miami Top for Mortgage Fraud in the USA

| August 18, 2011

The Federal Bureau of Investigation keeps track of all sorts of crime, including Mortgage Fraud, and every year since 2006 it releases its annual report on how bad mortgage fraud is in the United States.  This week, the FBI’s 2010 Mortgage Fraud Report was released, and Florida took the top spot.  Surprise.  (Go here to […]

The Non-Lawyer’s Guide to Foreclosure Fraud – Part 1: How It All Began, Remembering Traditional Mortgage Practices

| August 9, 2011

Here, the first in a series of posts explaining the hows and whys of ForeclosureGate and the Florida Home Loan Fraud crisis: Part 1.  How It All Began, Remembering Traditional Mortgage Practices and that First Smell of More Profit Long before ForeclosureGate, when the economy was running smoothly and banks were not operating outside the […]

Should You Sue Your Bank Over Your Home Loan? Are Loan Fraud, or Predatory Lending, Lawsuits Available in Florida?

| July 28, 2011

You obtained a home loan – maybe several years ago.  You are suspicious that something wasn’t right about that deal.  Maybe you’re living in your home, paying that mortgage payment every month, and just wondering about it. Maybe you have an underwater mortgage.  Or, maybe you’ve already received a Notice of Acceleration from the lender.  […]

Why Were the Florida AG Foreclosure Fraud Attorneys Booted? Were They Too Good At Their Jobs? Just How Powerful Are The Lenders?

| July 26, 2011

The issues involving Foreclosure Fraud seem to get bigger and more complex (and more outrageous) by the day.  Just last week, for example, the controversy got bigger around the reasons why two former assistant attorneys general for the State of Florida – who were Attorney General Pam Bondi’s top foreclosure fraud investigators – were effectively […]