The vast majority of foreclosure cases are brought not by the real parties that have any interest in the outcome of the litigation, but by nominal, shell Plaintiffs that have been propped up by the investors or the real parties in interest to pursue the litigation. Because the vast majority of foreclosures go undefended, this [...]
Entries Tagged as 'mortgage modification'
Fight The Mortgage Servicers Who Bring These Foreclosure Actions
July 28th, 2010 · 1 Comment · Foreclosure
Tags:CAPACITY IS A CASE KILLER·capacity Motion to Dismiss·Department of Financial Services·foreclosure attorney·foreclosure cases·foreclosure fraud fighters·foreclosure litigation cases·foreclosure mediation discussions attorney·foreclosure pinellas·lawyers for homeowner rights·matt weidner·mortgage modification
TRICKED, CONNED, SCAMMED- ANOTHER HOMEOWNER’S HOME SOLD WHILE IN ACTIVE NEGOTIATIONS WITH LENDER
July 22nd, 2010 · 1 Comment · Foreclosure
Actually it probably happens hundreds, perhaps thousands of times a week across the state. A hapless but hopeful homeowner is working with his lender (or someone he thinks is his lender), thinking that he is on the verge of a mortgage modification, when behind the scenes, the lender has convinced a judge to grant foreclosure [...]
Tags:Elliott v. Aurora·foreclosure mediation programs·foreclosure sale·foreclosure sale fraud·good case law·homeowners scammed·Inc·Mediation Managers·mediation managers inc·mediation pinellas·mortgage modification·pinellas county·pinellas foreclosure mediation
Wells Fargo Sanctioned For Contempt and Sloppy Accounting
June 8th, 2010 · 3 Comments · Foreclosure
We all experience every single day the absurd tragedy of mortgage servicer errors and abuse. At first judges were incredulous when our clients claimed they faxed their paperwork in 10 times and called every day and made every single payment. Now the experienced judges know that many of these claims are legitimate. We will continue [...]
Tags:foreclosure attorney·foreclosure fraud·foreclosure fraud fighters·foreclosure pinellas·mortgage modification·pinellas foreclosure·servicer fraud pinellas
Hoping for a HAMP Loan Modification? Don’t Hold Out Any Hope.
May 28th, 2010 · 1 Comment · Foreclosure
Homeowners across this country are holding out false hope that they might receive some modification of their mortgage and that the modification will offer a solution to their mortgage or foreclosure nightmare.
The latest numbers published by the Federal Government show that the HAMP Mortgage Modification reflect that less than 300,000 final modifications out of the [...]
BRING JOBS HOME NOW~
April 2nd, 2010 · 1 Comment · Foreclosure
I know it’s Friday, and should be time to sit back, relax and enjoy the weekend…but I’m sick and tired of my clients spending all their time one phone with some faceless operator in India begging him or her for a mortgage modification and having explain to the operator that the reason he cannot pay [...]
Mortgage Modification Fraud Continues Unchecked in Florida
March 21st, 2010 · 1 Comment · Foreclosure
In 2008, the Florida Legislature passed the Foreclosure Fraud Rescue Act, a law which was intended to protect Floridans from unscrupulous con artists who take money from homeowners and promise they can get a modification of the homeowner’s mortgage. The full text of the bill can be found here. Short and simply, any person or [...]
Tags:alex sink·florida attorney general bill mccollum·hamp modification·mortgage fraud·mortgage modification·mortgage rescue fraud
Mortgage Modifications and Mediation Agreements- Wolves in Sheep’s Clothing?
March 16th, 2010 · 1 Comment · Foreclosure
I’ve frequently posted comments and figures which document what a dismal failure the modification efforts have been….under the HAMP program, the federal government has set aside $75 billion dollars and we’ve gotten fewer then 180,000 modifications.
Having said that, getting a modification may be worse for the consumer in the long run
than not getting one.
Homeowners [...]
Tags:david stern·florida default law·foreclosure mediation·foreclosure mediation pinellas·foreclosure mediator·foreclosure pinellas·hamp·lost note·marshall watson·matt weidner·mortgage modification
Obama’s Foreclosure/Modification “Help”- A Waste of Time and Money
March 10th, 2010 · 1 Comment · Foreclosure
A story in the Huffington Post, and available here reports that the federal government’s response to the foreclosure crisis is a dismal failure with a mere 33% of those who were in a trial modification converting to a permanent one. Of the millions of Americans that are struggling, all the might and power of the [...]
Tags:Foreclosure·hamp·matt weidner·mortgage modification·OBAMA
Congress Urges More Mortgage Help- Today’s Wall Street Journal
March 8th, 2010 · 1 Comment · Foreclosure
An article in today’s Wall Street Journal, found here reports that Congress is getting real serious about forcing banks to work with homeowners (taxpayers) in foreclosure. They are so serious, that Rep. Barney Frank wrote a letter! He wrote a letter. See apparently, banks aren’t working with homeowners and the foreclosure problem continues to slog [...]
Tags:deed in lieu·hafa·hamp·Home Affordable Foreclosure Alternatives·lost note·mortgage modification·obama plan·short sale
Just Released, January HAMP Mortgage Modifications Numbers– The Failure Continues!
February 17th, 2010 · No Comments · Foreclosure
According to the January report from the Obama administration, the federal government has provided at least $50 billion dollars to 110 mortgage loan servicers to encourage them to modify mortgages for homeowners. According to this report, 89% of all mortgage loans in the United States are eligible for consideration under the HAMP guidelines.
The full text [...]
Tags:Foreclosure·foreclosure defense·hamp·lost note·matt weidner·mortgage modification·OBAMA·The Florida Consumer Protection and Homeowner Credit Rehabilitation Act
