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 [...]
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Tags: Bank of America Foreclosures, BofA Foreclosures, Deficiency Judgments, Foreclosure Lawsuit, Foreclosure Settlement, Loan Modification, Mortgage foreclosure, Short Sale Counseling, Short Sales, Underwater Mortgage
Larry Tolchinsky | February 16, 2012
More on the big news this week on Florida foreclosures. After all, there are many things to consider as a Florida homeowner or Florida mortgage holder with this new Attorneys General – Bank Foreclosure Settlement. Here are just a few of them. First things first, it may be putting the horse before the cart for [...]
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Tags: Bank of America Foreclosures, BofA Foreclosures, Florida Real Estate Foreclosures, Mortgage foreclosure, Property foreclosure, Wrongful Foreclosure
Larry Tolchinsky | February 14, 2012
The joint task force investigating foreclosure fraud by banks and mortgage servicers in this country, which brought together the top attorneys for each state in the country, i.e., their Attorneys General, has made a settlement deal according to a news release by the AGs. From their joint task force’s web site: After many months of [...]
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Tags: Bank of America Foreclosures, Florida Law, Florida Real Estate Foreclosures, Foreclosure Fraud, Mortgage foreclosure, Wrongful Foreclosure
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 [...]
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Tags: Florida Real Estate Foreclosures, Foreclosure defense attorney, Foreclosure Fraud, Foreclosure Help, Foreclosure Rescue, Mortgage Fraud, Mortgage Relief Companies
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 [...]
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Tags: Deficiency Judgments, Florida Real Estate Foreclosures, Foreclosure defense attorney, Loan Modification, Short Sale Counseling, Short Sales, strategic default, Underwater Mortgage
Larry Tolchinsky | January 19, 2012
Sometimes, the easiest way to understand something is to consider one example. In the case of appraisal error, a recent news story about a phony and fraudulent New York home appraisal really helps to make things clear. In many instances, appraisals are bad because of fraud – and because of negligence. Great Example of Appraisal [...]
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Tags: Appraisal Fraud, Appraisal Negligence, Appraiser Fraud, Short Sales
Larry Tolchinsky | January 17, 2012
The Federal Housing Finance Agency (FHFA) implemented the federal Servicing Alignment Initiative last year and, in 2012, this new federal incentive plan should boost the number of short sales here in Florida, which is great news for home owners wanting to avoid a foreclosure. What is the Servicing Alignment Initiative? The Servicing Alignment Initiative is [...]
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Tags: Broward Real Estate, Florida Law, Florida Real Estate, Florida Real Estate Foreclosures, House foreclosure, Loan Modification, Short Sale Counseling, Short Sales, Underwater Mortgage
Larry Tolchinsky | December 29, 2011
The Pew Research Center is one of the country’s most respected research firms, and here at year end, many are listening to what Pew is reporting regarding Americans’ take on the foreclosure crisis and people not paying their mortgages. What has Pew discovered? In answers to a Pew survey, thirty-six percent (36%) of Americans said [...]
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Tags: Bank of America Foreclosures, BofA Foreclosures, Broward Real Estate, Deficiency Judgments, Florida Condominium, Florida Real Estate, Florida Real Estate Foreclosures, Foreclosure Help, Loan Modification, Short Sale Counseling, Short Sales, strategic default, Underwater Mortgage
Larry Tolchinsky | December 27, 2011
Here we are at the end of a stressful financial year for South Florida, and it’s time for all those New Year’s Resolutions to be made for 2012. Finances are considered, plans are made…and for Florida homeowners with underwater mortgages or with defaulting home loans who are sitting in homes with the stress of a [...]
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Tags: Bank of America Foreclosures, BofA Foreclosures, Broward Real Estate, Deficiency Judgments, Florida Condo Law, Florida Homestead, Florida Law, Florida Real Estate Foreclosures, Foreclosure defense attorney, Mortgage foreclosure, Short Sales, Wrongful Foreclosure
Larry Tolchinsky | December 22, 2011
The Florida Supreme Court’s top judge just signed an order on December 19, 2011, that shut the doors on the Florida Managed Foreclosure Mediation Program that the Supreme Court had set up back in 2009. You can read the Administrative Order (AOSC11-44) signed by Chief Justice Charles Canady online here. What happened? Back in 2009, the [...]
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Tags: Bank of America Foreclosures, BofA Foreclosures, Florida Law, Florida Real Estate Foreclosures, Foreclosure Lawsuit, Foreclosure Settlement, House foreclosure, Loan Modification, Mortgage foreclosure, Property foreclosure, strategic default, Underwater Mortgage, Wrongful Foreclosure