by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Real Estate, Foreclosure Fraud, Short Sales, Wrongful Foreclosure
Updated Headlines: Documents filed by Bank of America, along with JP Morgan Chase, GMAC, may allow homeowners who have lost their home to foreclosure to receive compensation – Foreclosure defense attorneys will be asserting that the filing of the affidavits was... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Real Estate, Foreclosure Fraud, Short Sales, Wrongful Foreclosure
Headlines: Freezing of foreclosures by Bank of America, JP Morgan Chase and GMAC may lead to a new foreclosure crisis affecting the banking sector and title insurance industry. Possible faulty documents are causing banks to halt foreclosures and causing title... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Foreclosure Fraud, Real Estate, Wrongful Foreclosure
An article in today’s Sarasota Herald Tribune discusses how the Florida Attorney General’s office is investigating whether Florida Default Law Group in Tampa, one of the largest Florida foreclosure firms, is using fake or misleading documents in their... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Real Estate, Foreclosure Fraud, Wrongful Foreclosure
The sad reality of today’s housing market is that a vast majority of homeowners are unaware that lawyers around the country are raising defenses that are effectively stopping mortgage foreclosures in their tracks. Banks are hoping that this message doesn’t reach the... by Larry Tolchinsky | Deficiency Judgments, Florida Real Estate, Foreclosure Fraud, Wrongful Foreclosure
As a follow-up to my earlier post on deficiency judgments, I wanted to discuss some elements that I did not previously cover and which I have been asked by clients. A bank/lender that obtains a deficiency judgment, also known as a judgment creditor, has many avenues... by Larry Tolchinsky | Deficiency Judgments, Florida Real Estate, Foreclosure Fraud, Wrongful Foreclosure
A deficiency in the mortgage foreclosure setting is the difference between the value of a lien on real estate (the amount due to fully satisfy a debt) and the price obtained by the Bank after foreclosing on the property (or the fair market value of the property). Say,...
