by Larry Tolchinsky | Florida Foreclosures, Foreclosure Fraud, Home Loan Fraud, Real Estate, Wrongful Foreclosure
If you are a homeowner who is worried about the title to the house or condo you’ve bought – or if you are someone who has lost their home in foreclosure, then you may be wondering if the government is doing something that may helpful to you. Sure, there... by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Loan Modification, Real Estate, Underwater Mortgage
Underwater mortgages are a serious problem here in South Florida. When home loan balances are higher than the fair market value of the home itself, the homeowner is “upside down” on his or her mortgage. This scenario increases the temptation for the... by Larry Tolchinsky | Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Real Estate, Series - Foreclosure Fraud, Wrongful Foreclosure
Here, the fifth in a series of posts explaining the hows and whys of ForeclosureGate and the Florida Home Loan Fraud crisis: more and more fraudulent acts are discovered as investigations begin into widespread mortgage fraud. As discussed in Part 4 of this series,... by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Loan Modification, Real Estate, Short Sales, Underwater Mortgage
Earlier this week, RealtyTrac released its second quarter U.S. Foreclosure Sales Report which confirmed the statistics released earlier by Moody’s Investor Service (discussed in last week’s post) insofar as pre-foreclosure short sales are increasing in... by Larry Tolchinsky | Florida Law, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Series - Foreclosure Fraud, Wrongful Foreclosure
This is the third post in a series of posts explaining the hows and whys of ForeclosureGate and the Florida Home Loan Fraud crisis: In a rush to get paperwork filed to foreclose on defaulted mortgages, lenders cut corners and ignored the law, sometimes intentionally.... by Larry Tolchinsky | Florida Foreclosures, Florida Law, Foreclosure Fraud, Home Loan Fraud, Series - Foreclosure Fraud, Wrongful Foreclosure
Here, the second in a series of posts explaining the hows and whys of ForeclosureGate and the Florida Home Loan Fraud crisis: Part 2. Things Get Lost: Lenders Lose Key Documents in Gleeful Days of Making More and More Money Now that banks had discovered that they...