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 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 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
Larry Tolchinsky | November 8, 2011
All across Florida, there has been an increase in the use of Florida’s adverse possession laws to claim legal title to homes that have been left empty and abandoned in the ongoing Florida foreclosure fraud crisis. Under Florida Statutes 95.16 – 95.18, there is a way for strangers to enter a home and obtain clear, [...]
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Tags: Bank of America Foreclosures, BofA Foreclosures, Florida Law, Foreclosure defense attorney, Foreclosure Fraud, Foreclosure Help, Foreclosure Lawsuit, Mortgage foreclosure, Property foreclosure, Wrongful Foreclosure
Larry Tolchinsky | October 27, 2011
Florida has been in tough economic times for a long while now, and lots of Florida homeowners, stressed and frustrated, have chosen to move on — walking away from their homes and their mortgages. This may have seemed like a smart idea at the time, or maybe the only idea at the time, but here’s [...]
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Tags: Bank of America Foreclosures, BofA Foreclosures, Broward Real Estate, Deficiency Judgments, Florida Real Estate, Florida Real Estate Foreclosures, House foreclosure, Mortgage foreclosure, Property foreclosure, Wrongful Foreclosure
Larry Tolchinsky | October 25, 2011
HARP was revised this week by the federal government in the hopes that up to 1 million Americans with underwater mortgages can get refinancing through a program overseen by Fannie Mae and Freddie Mac. Expanding HARP is a big deal; President Obama held a news conference this week over in Vegas to give the details. [...]
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Tags: Broward Real Estate, Deficiency Judgments, Florida Real Estate, Florida Real Estate Foreclosures, Foreclosure defense attorney, foreclosure defenses, Foreclosure Help, Foreclosure Settlement, House foreclosure, Loan Modification, strategic default, Underwater Mortgage
Larry Tolchinsky | October 20, 2011
A few weeks ago, the Florida Supreme Court ordered a review of its 18-month-old mandatory foreclosure mediation program. (You can read the December 2009 Administrative Order creating the program and the September 26, 2011 Administrative Order reviewing its results online.) The Palm Beach Post is reporting that as soon as tomorrow, the decision will [...]
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Tags: Bank of America Foreclosures, BofA Foreclosures, Broward Real Estate, Florida Homestead, Florida Real Estate, Florida Real Estate Foreclosures, Foreclosure Lawsuit, Foreclosure Settlement, House foreclosure, Loan Modification, Mortgage foreclosure, Mortgage Fraud, Wrongful Foreclosure
Larry Tolchinsky | October 6, 2011
Today, another federal report was released, this time from the Office of the Comptroller of the Currency: seems that mortgage delinquencies are rising again. Which means that many people are not making that monthly mortgage payment. As the Wall Street Journal suggests, this number is only going to go up if unemployment rates rise. Florida [...]
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Tags: Broward Real Estate, Deficiency Judgments, Florida Law, Florida Real Estate Foreclosures, Foreclosure defense attorney, foreclosure defenses, Foreclosure Help, Foreclosure Settlement, House foreclosure, Loan Modification, Mortgage foreclosure, Mortgage Fraud, Property foreclosure, Short Sale Counseling, Short Sales, strategic default, Underwater Mortgage
Larry Tolchinsky | September 22, 2011
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 homeowner to walk away, especially when facing higher property taxes and home insurance. [...]
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Tags: Broward Real Estate, Florida Homestead, Florida Real Estate, Florida Real Estate Foreclosures, Foreclosure defense attorney, foreclosure defenses, Foreclosure Help, Foreclosure Settlement, House foreclosure, Loan Modification, Mortgage foreclosure, Property foreclosure, strategic default, Underwater Mortgage
