Foreclosure
23.1 Percent of Florida Loans are Delinquent or in Foreclosure
Here’s the link to a short article from Miami Herald. Florida has an unbelievable rate of nearly one quarter of its mortgage loans delinquent. In other news, the US government is struggling to decide what to do with nearly one hundred thousand homes now owned by FNMA and Freddie Mac. Any mass effort to sell [...]
Misinformation from Bank Reps is Normal Practice
If you wonder why people distrust banks, who have become public enemy number one, you can start with misinformation (if not, outright deceit) that comes from the bank representatives on a daily basis. The misinformation ranges from calls telling homeowners that their property is about to be sold when a foreclosure hasn’t even been started [...]
Sharing of Information Leading to Better Defense of Homeowners
At the beginning of the foreclosure crisis, most defense attorneys were simply unaware of the many issues that would eventually drag out this crisis: Among them, false and erroneous sworn affidavits, alleged kickbacks to foreclosure plaintiff firms, judges being pushed to move massive numbers of cases through the court system. What I have been most [...]
Think Twice Before You Buy Online!
Think twice before you purchase a property via online foreclosure auction. As reported below, there are real dangers involved. We recommend that you consult with an attorney and obtain a title search before bidding online for any property. The Miami Herald Real Estate News
New Developments in The Foreclosure Mill Cases
This weekend, the Miami Herald reported two new developments in the handling of the “foreclosure mill” cases. It reported that the law offices of David J. Stern P.A. was immediately ceasing any work on its 30,000 active files. Additionally, Ben-Ezra & Katz was reported to be withholding files on its cases for JPMorgan Chase in [...]
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