What is Force-placed Insurance or Lender-Placed Insurance? It’s Not Good for Florida Home Owners. Here’s Why.

Larry Tolchinsky | May 15, 2012

Where will all the strings of Foreclosure Fraud end?  Who knows, because more and more issues just keep popping up from the huge mortgage fraud mess in Florida and across the country.  The latest?  Forced-placed insurance, also known as Lender-placed insurance, and the sneaky burdens it’s creating for American families and Florida home owners. What [...]

Florida Hardest Hit Fund – New Expanded Version Waits for Fed Approval. Will It Help You?

Larry Tolchinsky | May 3, 2012

Last Friday, the State of Florida powers-that-be announced that they were revamping the Hardest Hit Fund for Florida residents, making eligibility requirements easier to meet for lots of Floridians.   Which is good news if you are past due on your mortgage payments, right? What’s the Florida Hardest Hit Fund? Go here for our earlier post [...]

Florida Home Owners Stress Levels on the Rise: New Laws Mean Flood of 1099Cs, Foreclosure Upswing in 2012 – 2013

Larry Tolchinsky | March 8, 2012

It’s very stressful to be a Florida home owner dealing with an underwater mortgage or defaulting on a home loan.  Your credit rating is getting zapped, there are all the collection practices by the mortgage lender to juggle, and then there’s the legal process itself – strategizing with your lawyer on your home and mortgage [...]

Future of Florida Deficiency Judgments on Florida Home Mortgages – Will New Laws Limit or End Bank’s Ability to Sue for Unpaid Mortgage Balance?

Larry Tolchinsky | February 23, 2012

This week, the proposed Florida Fair Foreclosure Act got one step closer to becoming law when the Florida State Senate Judiciary Committee okayed the foreclosure bill.  In the near future, the Florida Legislature should be voting on this proposal and you can track the progress of  this bill (SB 1890) online here. This is a [...]

Florida Home Owners: Beware the Foreclosure Rescue Company or the Friendly Mortgage Modification Company – There Are Lots of Scam Artists Out There

Larry Tolchinsky | February 7, 2012

It’s sad but true that all too often home owners already facing the stress and difficulties of becoming delinquent in their mortgage payments and facing the consequences of that delinquency – losing their home, their credit rating, dealing with bill collection efforts, etc. – then fall prey to the additional stress of being the victims [...]

10 Things to Know About Mortgage Debt Collectors and Florida Short Sales, Florida Foreclosures, and Florida Home Loan Modifications

Larry Tolchinsky | February 2, 2012

In Florida, countless home owners are facing the lose of their home to foreclosure because they can’t continue to make their mortgage payments due to lost jobs, medical expenses, and other life events.  Other home owners have mortgages that are much, much larger than the fair market value of their homes and they are wondering [...]

Florida Mortgage Holders: Has Anyone Explained to You About the Collection Efforts That You’ll Face When You Stop Making Your Home Mortgage Payments? Unfair Collection Activities in Florida Mortgage Defaults and Deficiencies

Larry Tolchinsky | January 31, 2012

A nice article appeared in Reuters this week entitled, “What Happens When You Walk Away From Your Home?” that includes a brief discussion of things we post about here regularly:  underwater mortgages in Florida and elsewhere and the various issues that go into deciding whether or not to stop making mortgage payments on a home [...]