by Larry Tolchinsky | Appraisal Fraud, Florida Foreclosures, Florida Real Estate, Foreclosure Fraud, Wrongful Foreclosure
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... 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 Homestead, Florida Law, Florida Real Estate, Foreclosure Fraud, Real Estate, Real Estate Appraiser, Wrongful Foreclosure
Appraisers providing bad appraisals due either to negligence or outright fraud are finally being recognized as one of the major contributors to the huge foreclosure fraud crisis in Florida and the rest of the country. By providing artificially high appraisals, the... by Larry Tolchinsky | Appraisal Fraud, Deficiency Judgments, Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Real Estate, Real Estate Appraiser, Wrongful Foreclosure
In the pleadings filed in the lawsuit filed by the FDIC against Jacksonville’s Lender Processing Services, it has become part of the public record that 89 different Florida appraisers are listed by name as being involved in this lawsuit, and out of those 89... by Larry Tolchinsky | Appraisal Fraud, Florida Foreclosures, Florida Real Estate, Foreclosure Fraud, Real Estate, Real Estate Appraiser, Wrongful Foreclosure
Knowing that inflated appraisals is a part of the reason that Florida real estate is in such a huge, horrible mess isn’t news to many who are following events in the local real estate market. However, now it appears that the federal government is taking notice....
