by Larry Tolchinsky | Florida Foreclosures, Florida Law, Florida Real Estate, Loan Modification, Local Lawyers, Real Estate, Short Sales
According to Moody’s Investors Service, short sales of homes that are at risk of foreclosure (called “distressed properties’) grew to 25% of all liquidations of distressed properties by mid-2011, which is a big jump from two years ago when they were... by Larry Tolchinsky | Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Loan Modification, Local Lawyers, Predatory Lending, Real Estate, Real Estate Appraiser, Underwater Mortgage, Wrongful Foreclosure
In a loan modification, the original note’s terms are revised (monthly payment amount, interest rate, etc.) and the revisions become effective once everyone signs the modification agreement. For a home loan in South Florida, that means the home owners whose... by Larry Tolchinsky | Appraisal Fraud, Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Loan Modification, Real Estate, Series - Foreclosure Fraud, Wrongful Foreclosure
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... by Larry Tolchinsky | Appraisal Fraud, Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Loan Modification, Real Estate, Real Estate Appraiser, Wrongful Foreclosure
What the heck is going on with our government leaders? Are they trying to stop Florida homeowners from suing banks and mortgage lenders for foreclosure fraud and other injuries that Florida property owners have experienced due to Foreclosure Fraud (robosigning, etc.)?... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Foreclosure Fraud, Loan Modification, Real Estate, Short Sales, Underwater Mortgage, Wrongful Foreclosure
Robo-signing, where official legal documents are fraudulently created and then filed by banks and their attorneys when they are attempting to foreclose on homes in Florida and elsewhere, has been one of the major reasons for the national Foreclosure Fraud crisis. ... by Larry Tolchinsky | Florida Foreclosures, Florida Real Estate, Foreclosure Fraud, Loan Modification, Real Estate, REO (Real Estate Owned), Short Sales, Underwater Mortgage, Wrongful Foreclosure
RealtyTrac released a new report on the state of the country’s real estate market yesterday, and the news isn’t good. According to this nationally-recognized expert on the real estate industry, the U.S. is still in a big mess due to foreclosures because...
