Sharing What I Know About
Florida Real Estate Law
Sharing What I Know About Florida Real Estate Law
AboutShort Sales May Be the Answer for More Florida Homeowners Facing Threat of Mortgage Foreclosure: Short Sales Becoming Popular With Lenders
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 at 8%. As the...
FBI 2010 Mortgage Fraud Report Finds Florida Top Mortgage Fraud State in the Nation, Tampa and Miami Top for Mortgage Fraud in the USA
The Federal Bureau of Investigation keeps track of all sorts of crime, including Mortgage Fraud, and every year since 2006 it releases its annual report on how bad mortgage fraud is in the United States. This week, the FBI's 2010 Mortgage Fraud Report was released,...
The Non-Lawyer’s Guide to Foreclosure Fraud – Part 2: Things Get Lost – Lenders Lose Key Documents in Gleeful Days of Making More and More Money
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...
Negotiating a Home Loan Modification: Beware of the Dual Track Rule – The Bank Can Still Foreclose Even If You’re Modifying Your Note
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 names are...
The Non-Lawyer’s Guide to Foreclosure Fraud – Part 1: How It All Began, Remembering Traditional Mortgage Practices
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...
Florida Fires Its Top Two Foreclosure Fraud Attorneys, But Their Work Is Still Solving Cases Across the Country: What Gives?
A homeowner in New York hired a foreclosure defense attorney and recently won her lawsuit against her mortgage lender, HSBC Bank. Key to the win: a report that was prepared by two former Florida assistant attorneys general, June Clarkson and Theresa Edwards. That's...
Foreclosure Fraud Cases: Banks and Mortgage Servicers Have an Achilles Heel, Title Problems Related to MERS
One consequence of a Wrongful Foreclosure case, relates to the issue of clear title: the banks and mortgage lenders may not have it to convey to a buyer of the property. As we all know, title to real estate is recorded in our public records because being able to trace...
Should You Sue Your Bank Over Your Home Loan? Are Loan Fraud, or Predatory Lending, Lawsuits Available in Florida?
You obtained a home loan - maybe several years ago. You are suspicious that something wasn't right about that deal. Maybe you're living in your home, paying that mortgage payment every month, and just wondering about it. Maybe you have an underwater mortgage. Or,...
Why Were the Florida AG Foreclosure Fraud Attorneys Booted? Were They Too Good At Their Jobs? Just How Powerful Are The Lenders?
The issues involving Foreclosure Fraud seem to get bigger and more complex (and more outrageous) by the day. Just last week, for example, the controversy got bigger around the reasons why two former assistant attorneys general for the State of Florida - who were...
Immunity from Being Sued for Banks Who Just Keep On Committing Foreclosure Fraud? What Can Wrongful Foreclosure Victims Do?
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.)?...
