Sharing What I Know About
Florida Real Estate Law
Sharing What I Know About Florida Real Estate Law
AboutPalm Beach Administrative Order Brings Rocket Docket Back to South Florida Foreclosures: What Does This Mean, Good and Bad, to South Florida Home Owners?
Last week, an Administrative Order was issued by the Chief Judge for the Circuit Court of the Fifteenth Judicial Circuit in and for Palm Beach County, Florida that will have a huge impact on Florida home owners and South Florida borrowers dealing with foreclosure...
Florida Supreme Court Rules Against Florida Home Owners in Pino v. Bank of New York: Bad Day for Florida Foreclosure Defense, Great Day for Fraudulent Filing Banks
The Florida Supreme Court has ruled against Florida homeowners - and for the foreclosing banks - in Roman Pino v. the Bank of New York. The opinion came down on February 7, 2013, and you can read the entire thing online at Google Scholar. Pino Caught the...
Second Mortgages Modified While First Mortgage Foreclosures Continue: Big Banks’ Mortgage Shell Game Exposed by NYT Editorial
In Florida, when considering foreclosure issues, most discussions relate to first mortgages. However, there are many, many homes here in Florida that have more than one mortgage, and these "second mortgages" are now getting some well-deserved attention in the...
South Florida Foreclosure Defense Lawyers’ New Nemesis is The Robo-Witness: Bank Custodian of Records Without Personal Knowledge of the Loan Documents is Giving Hearsay Testimony
Today, RealtyTrac is making the national news again with its report that the State of Florida has more than twice the number of foreclosure actions as any other state in the country. According to its U.S. Foreclosure Market Report™ for January 2013 (released this...
Florida Short Sales: Home Owners Selling in Short Sales Need to Be Aware of the Tax Lien Investor: Who Holds The Liens on Your Florida Property?
Across the country, there's lots of positive feedback about Fannie Mae's "HomePath for Short Sales" where any Fannie Mae-owned home loan can be escalated by the realtor - and once this happens, Fannie Mae people enter the transaction to work directly with the mortgage...
Florida House Bill 87 and “Foreclosure Reform” Passes Florida House’s Civil Justice Subcommittee: HB 87 is One Step Closer to Ending Judicial Foreclosures in Florida – This is Dangerous for Florida Home Owners and Florida Real Estate
There's a proposed law being pushed up in Tallahassee once again this year that aims to end Florida's long-standing judicial foreclosure process, and this year it seems to be gaining strength, though it died a pretty quick death in its earlier version last year....
Florida Judicial System Needed for Fairness in Florida Housing Crisis: Bad Acts Demonstrate Need for Courts, Not Reason to Throw Out Established Florida Legal Standards
Yesterday, Florida's foreclosure situation hit the national news again, as NPR picked up WUSF reporter Robin Sussingham's story, "Foreclosure Process Hammers Florida's Housing Market," where the impact of Florida's judical process - and our state's judicial...
5 Things To Consider With the Deed In Lieu of Foreclosure for Underwater Mortgages Offer by Fannie Mae and Freddie Mac That Debuts March 1, 2013
On Tuesday, we discussed the details of the new Fannie Mae and Freddie Mac offering that becomes effective on March 1, 2013: both Fannie Mae and Freddie Mac will begin taking Deeds in Lieu of Foreclosure for mortgages guaranteed by their programs that are underwater...
Underwater Mortgages in Florida Get Big News: March 1, 2013 Begins Federal Program to Allow Deeds In Lieu on Qualifying Homes Where Mortgages Exceed Home Value
More good news from Freddie Mac (FHLMC) (and Fannie Mae (FNMA) this week: both of these mortgage monsters are going to be implementing new policies to help people who are stuck in mortgages that are much higher than the current market value of their homes...
Fast Florida Short Sales: Freddie Mac VP Forecasts Freddie Mac Short Sales Will Zip Through to Closing in the Future – What About the Deficiencies?
The Federal Home Loan Mortgage Corporation (FHLMC), commonly known by its nickname Freddie Mac, is under the control of the federal government these days as the Federal Housing Finance Agency (FHFA) took over conservatorship of both Freddie Mac and Fannie Mac in...
