Florida Deficiency Lawsuits Against Florida Homeowners Who Walked Away From Their Mortgages: Are You About to be Sued for the Deficiency Balance Left on Your Florida Mortgage? (Answer Likely is Yes)

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 [...]

Florida Foreclosure Crisis This Week: Feds Intro New Underwater Mortgage Help Via HARP and Florida Supreme Court Foreclosure Mediation Report is Released

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.   [...]

Attention Florida Homeowners – Have You Stopped Making Your Mortgage Payment? Are You Thinking About Not Paying Your Florida Home Loan Anymore? Here Are Some Things To Consider.

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 [...]

Florida Home Owners Need to Fight a Deficiency Judgment When Their is Fraud in Their Foreclosure: Deficiency Judgments Are Often Based on Foreclosure Fraud

Larry Tolchinsky | October 4, 2011

In an article written by Jessica Silver-Greenberg for the Wall Street Journal and shared at Yahoo! Finance, “”House Is Gone but Debt Lives On,” a big, bright national media spotlight shines on the very issue that has been the subject of many of our posts here:  Florida homeowners in trouble with their mortgages oftentimes do [...]

Short Sales Popularity Continues to Rise With Hopes that the Hurdle of Time Delays Will Be Resolved

Larry Tolchinsky | August 30, 2011

Earlier this week, RealtyTrac released its second quarter U.S. Foreclosure Sales Report which confirmed the statistics released earlier by Moody’s Investor Service (discussed in last week’s post) insofar as pre-foreclosure short sales are increasing in popularity with lenders across the country.  According to RealtyTrac, these pre-foreclosure short sales increased 19% from the first quarter of [...]

Short Sales May Be the Answer for More Florida Homeowners Facing Threat of Mortgage Foreclosure: Short Sales Becoming Popular With Lenders

Larry Tolchinsky | August 23, 2011

According to Moody’s Investors Service, short sales of homes that are at risk of foreclosure (called “distressed properties’) grew to 25% of all liquidations of distressed properties by mid-2011, which is a big jump from two years ago when they were at 8%.   As the time it takes for lenders to foreclose on a [...]

Robosigning Is Still Happening – Shocking Expose by Reuters Reveals Banks Are Still Filing Bad Paperwork: Foreclosure Fraud Is Not Over

Larry Tolchinsky | July 19, 2011

Robo-signing, where official legal documents are fraudulently created and then filed by banks and their attorneys when they are attempting to foreclose on homes in Florida and elsewhere, has been one of the major reasons for the national Foreclosure Fraud crisis.  Mortgage lenders have gone out of business because of these antics; lender lawyers like [...]

89 Different Florida Appraisers Are Listed in FDIC’s Claims of Fraudulent Appraisals in Lawsuit against Lender Processing Service: Is Your Appraiser on the List?

Larry Tolchinsky | June 16, 2011

In the pleadings filed in the lawsuit filed by the FDIC against Jacksonville’s Lender Processing Services, it has become part of the public record that 89 different Florida appraisers are listed by name as being involved in this lawsuit, and out of those 89 appraisers, 35 have been in disciplinary actions before the Florida Real [...]

Warren and Maureen Nyerges Fight Bank of America and Win: South Floridians Take Deputies to Bank Lobby to Execute on Wrongful Foreclosure Judgment

Larry Tolchinsky | June 7, 2011

Warren Nyerges and his wife, Maureen, have done something that many other Floridians only dream about:  not only did they sue a national bank for wrongdoing and win, they actually walked into the bank’s lobby and executed on their judgment. Just imagine how that must have felt: pulling open those glass doors with your dolly, [...]

Florida Homeowners Take On the Bank’s Lawyers As Florida Bar Flooded With Lawyer Complaints

Larry Tolchinsky | May 12, 2011

Florida homeowners are not only getting mad, they’re fighting back against the evildoers who’ve misrepresented things to them, or about them.  They’re taking on the lawyers. Foreclosure Lawyers Are Being Investigated by the Florida Bar:  Massive Number of Grievances Being Filed The Florida Bar is being flooded with complaints about Florida lawyers and law firms.  [...]