by Larry Tolchinsky | Florida Foreclosures, Florida Law, Foreclosure Fraud, Home Loan Fraud, Series - Foreclosure Fraud, Wrongful Foreclosure
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... 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 | Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Real Estate, Wrongful Foreclosure
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. ... by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Real Estate, Wrongful Foreclosure
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...