by Larry Tolchinsky | Florida Foreclosures, Foreclosure Fraud, Home Loan Fraud, Real Estate, Wrongful Foreclosure
If you are a homeowner who is worried about the title to the house or condo you’ve bought – or if you are someone who has lost their home in foreclosure, then you may be wondering if the government is doing something that may helpful to you. Sure, there... by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Loan Modification, Real Estate, Underwater Mortgage
Underwater mortgages are a serious problem here in South Florida. When home loan balances are higher than the fair market value of the home itself, the homeowner is “upside down” on his or her mortgage. This scenario increases the temptation for the... by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Foreclosure Fraud, Local Lawyers, Real Estate, Wrongful Foreclosure
Here in South Florida, odds are high that you or your neighbor or your friend have your home mortgage with Bank of America. Why? Bank of America holds not only mortgage notes that Bank of America made with its customers, but also mortgages made awhile back by... by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Loan Modification, Real Estate, Short Sales, Underwater Mortgage
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... by Larry Tolchinsky | Florida Law, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Series - Foreclosure Fraud, Wrongful Foreclosure
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....
