by Larry Tolchinsky | Florida Domicile, Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Foreclosure Fraud, Real Estate, Wrongful Foreclosure
The flagrant disregard of longstanding Florida law by mortgage lenders, appraisers, title companies, banks, and law firms continues with this week’s news, perhaps setting new lows in the foreclosure mess. A New High in Lows for Bad Acts Done by a Mortgage Lender... by Larry Tolchinsky | Florida Corporations, Florida Domicile, Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Loan Modification, Real Estate, Underwater Mortgage
Would you like your mortgage to be cut in half? Well, for many mortgage holders of home loans held by Bank of America and JP Morgan Chase, it just might happen. This week, the New York Times reported that these two banks, two of the country’s biggest lenders,... by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Florida Real Estate, Real Estate, REO (Real Estate Owned), Short Sales
Two of the biggest national lenders, Chase and Wells Fargo, are finding ways to encourage their homeowners to sell their distressed properties before they go into foreclosure, according to a news story written by Paul Owers of the Sun Sentinel entitled, “Chase,... by Larry Tolchinsky | Florida Domicile, Florida Foreclosures, Florida Homestead, Florida Real Estate, Loan Modification, Real Estate, Short Sales, Underwater Mortgage
In yesterday’s Miami Herald, there is a report of a St. Lucie West homeowner who just received his property insurance premium bill and discovered that it has jumped from $1092 to $2715; the news story does the math – that is a 152% increase for this... by Larry Tolchinsky | Appraisal Fraud, Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Foreclosure Fraud, Real Estate, Real Estate Appraiser, Wrongful Foreclosure
Appraisers providing bad appraisals due either to negligence or outright fraud are finally being recognized as one of the major contributors to the huge foreclosure fraud crisis in Florida and the rest of the country. By providing artificially high appraisals, the... by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Foreclosure Fraud, Real Estate, Real Estate Appraiser, Underwater Mortgage, Wrongful Foreclosure
One Florida appraiser is already facing fraud charges — and we’re predicting that there are going to be a lot more Florida appraisers in lawsuits and facing criminal charges. This month, licensed appraiser Jay Whitham is being tried on criminal fraud...
