Sharing What I Know About
Florida Real Estate Law
Sharing What I Know About Florida Real Estate Law
AboutMajor Changes to Florida Laws Mean More Florida Probate Lawsuits Will Be Filed – You May Need to Review Your Will Documents Now.
The Florida Legislature has been very active this past year in passing all sorts of major changes to existing Florida probate laws. The law makers have been doing this in several areas; however, one area of major change that is going to impact almost every Floridian...
The Non-Lawyer’s Guide to Foreclosure Fraud – Part 5: More and more fraudulent acts revealed as investigations begin into Foreclosure Fraud
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,...
Federal Government Sues 17 Big Banks For Mortgage Fraud, Billions in Damages Sought: Here’s What Has Happened
On September 2, 2011, the Federal Housing Finance Agency (FHFA) filed a series of lawsuits against seventeen (17) of the biggest lenders in the country (along with some individuals, including top officers in the banks) for allegedly misleading Fannie Mae and Freddie...
The Non-Lawyer’s Guide to Foreclosure Fraud – Part 4: Examples of the Frauds Including the Story of the Now Infamous Linda Green
Here, the fourth in a series of posts explaining the hows and whys of ForeclosureGate and the Florida Home Loan Fraud crisis: blatant acts of fraud are performed by lenders, lawyers, and others who should know better. As the number of homeowners defaulting on their...
Short Sales Popularity Continues to Rise With Hopes that the Hurdle of Time Delays Will Be Resolved
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 popularity with...
The Non-Lawyer’s Guide to Foreclosure Fraud – Part 3: Enter the Robo-Signers
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....
Short 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...
