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 [...]

Negotiating a Home Loan Modification: Beware of the Dual Track Rule – The Bank Can Still Foreclose Even If You’re Modifying Your Note

Larry Tolchinsky | August 11, 2011

In a loan modification, the original note’s terms are revised (monthly payment amount, interest rate, etc.) and the revisions become effective once everyone signs the modification agreement.  For a home loan in South Florida, that means the home owners whose names are on the original mortgage and note and a duly authorized representative of the [...]

Should You Sue Your Bank Over Your Home Loan? Loan Fraud, or Predatory Lending, Lawsuits Are Available in Florida

Larry Tolchinsky | July 28, 2011

You obtained a home loan – maybe several years ago.  You are suspicious that something wasn’t right about that deal.  Maybe you’re living in your home, paying that mortgage payment every month, and just wondering about it. Maybe you have an underwater mortgage.  Or, maybe you’ve already received a Notice of Acceleration from the lender.  [...]