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

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,...

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

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...

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

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....

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

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...

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

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...

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

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...