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Entries Tagged as 'foreclosure plan'

Itty Bitty Lies to The Court- Who Cares? What’s The Big Deal? It’s Only Foreclosure

January 21st, 2010 · 2 Comments · Foreclosure

All across the country law firms working for lenders, banks and mortgage companies are telling little bitty lies (and some big fat million dollar lies) but who really cares anyway?  I mean, when a plaintiff files a case to foreclose a taxpayer’s mortgage they must have the right to file that foreclosure.  Why?  Because the [...]

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When Foreclosures Slow Down? When Will Housing Recover?

November 17th, 2009 · No Comments · Foreclosure

A key question facing any party involved in the foreclosure crisis is when the conditions that have caused this problem will begin to clear.  The unfortunate facts are that for a variety reasons, borrowers will continue to receive notices of foreclosure and the residential home foreclosure process will continue for the foreseeable future.
The US Housing [...]

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5 Foreclosure Facts

November 15th, 2009 · No Comments · Foreclosure

1.  You Must Hire a Foreclosure Defense Attorney- When you are served with foreclosure, you will be solicited by all manner of people promising help…in Florida most of these solicitations are illegal (see the Florida Foreclosure Rescue Fraud Prevention Act Here)…only an attorney licensed in Florida can help you!
2. You Must Act Quickly After You [...]

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The Foreclosure Crisis- Who’s at The Fault for Defaults?

November 8th, 2009 · No Comments · Foreclosure

An article in today’s Saint Petersburg Times asks the important question that many who are in foreclosure and others who are experiencing the crisis first hand are asking….who can we all blame for this crisis.  The article identifies all of the major players in the crisis we all see unfolding…buyers, lenders, regulators, speculators and builders [...]

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I’ve Never Had a Client Lose a Home to Foreclosure!

November 8th, 2009 · No Comments · Uncategorized

In all the years that I’ve been practicing law and foreclosure defense in particular, I have never had a Plaintiff conclude their case with a foreclosure sale except in cases where the client decided to end the litigation.  I recognize that this is a rather dramatic claim and as an attorney I must be very [...]

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Foreclosure Solution- Rent Your Home!

November 6th, 2009 · No Comments · Foreclosure

A new “Deed for Lease” program announced by Fannie Mae will allow homeowners in foreclosure to lease their stay in their home for at least a year.  This program is being offered to homeowners who do not qualify for a loan modification and the leases may be extended by Fannie Mae at the expiration of [...]

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Foreclosure Filings In Pinellas County October 2009

November 5th, 2009 · 1 Comment · Foreclosure

Foreclosure filings in Pinellas County continue at roughly the same rate that we’ve been seeing for more than a year now, with 1147 foreclosures filed October 1, 2009- October 31, 2009.  The properties represent a cross section of neighborhoods across Pinellas County, with higher concentration of foreclosure filed in lower income areas and fewer filings [...]

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Systemic Collapse of Regulation And The Failure of The Mortgage and Title Industries

November 3rd, 2009 · No Comments · Mortgage News

Accredited Mortgage Trust, Ace Security Trust, Ameriquest Mortgage Trust, Asset Backed Trust 2005-HE, Carrington Mortgage Trust, CBASS Mortgage Series 2007 Cb. These are just a small representative sample of the Plaintiffs who filed suit to foreclose mortgages in Pinellas County in September 2009.  The exotic sounding names of the Plaintiffs identified belie a fundamental problem [...]

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Love Your Country? Want to Help Improve the Economy? Stop Paying Your Mortgage!

October 26th, 2009 · No Comments · Mortgage News

The following is a mind-blowing excerpt from today’s Wall Street Journal entitled, “Household Debt Can Hasten Recovery, When It Goes Unpaid”  the full text of the article can be found here http://online.wsj.com/article/SB125651175580806989.html
The Federal Reserve puts US household debt, including mortgage debt, at about $137 trillion or 125% of annual aftertax income.  Experts believe this number [...]

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Short Sales, the Florida “FAR BAR” Contract and Lender Approval

October 20th, 2009 · No Comments · short sale

Under the existing FAR BAR Residential Real Estate Contract and its companion Short Sale Addendum, a contract may be formed between the buyer and seller that requires the buyer to close even if the lenders do not explicity and clearly waive all claims to pursue a deficiency judgment against a homeowner who is obligated under [...]

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