That’s a vexing question asked by realtors, homeowners, attorneys and increasingly judges.
There is no one, certain answer, but there are a wide range of factors that play into the unwillingness of banks to make reasonable business decisions.
Top on that list are government incentives and bailouts that subsidize otherwise irrational business decision-making, oh and then there [...]
Entries Tagged as 'pinellas'
Why Won’t Lenders Approve Short Sales?
April 21st, 2010 · 1 Comment · Foreclosure
The Consequences of Foreclosure Fraud– Fundamental Instability in The Real Estate Market For Decades
April 6th, 2010 · 4 Comments · Foreclosure
Since the foreclosure crisis began, myself and a chorus of responsible, ethical attorneys have been screaming at the top of our lungs to judges and anyone else that might listen…
HOW IN THE WORLD CAN YOU CONTINUE TO LET ALL THIS FRAUD CONTINUE TO BE COMMITTED?
DON’T YOU UNDERSTAND THAT FRAUD IN THE FORECLOSURE PROCESS IS GOING [...]
BAC FUNDING- The End of Summary Judgment For Foreclosures In Florida?
February 15th, 2010 · 1 Comment · Foreclosure
Every so often, the appellate courts issue opinions that dramatically change the legal landscape. BAC Funding v. US Bank is just such an opinion, because no longer will banks and lenders get a free shot at foreclosure on concocted evidence and mere possession, even of original documents. The full text of the opinion can be [...]
Tags:bac funding consortium v. us bank·Foreclosure·lost note·matt weidner·mediation·pinellas·summary judgment
An Anarchist’s Strategy To Dismiss Every Foreclosure In Florida
February 7th, 2010 · 7 Comments · Foreclosure
Courts Are Overwhelmed With Foreclosures
Across the country, circuit court judges and their staff are becoming overwhelmed and frustrated by the total avalanche of foreclosure cases that have been dumped in their courtrooms. In Pinellas County, Circuit Court judges who used to handle like 400 foreclosure cases are now handling something like 3,000.These judges still have [...]
Tags:affidavit of amounts due and owing·affidavit of lost note·assignment of mortgage·bank of america·deed in lieu·florida supreme court residential mortgage task force·foreclosure defense·foreclosure fraud·lost note·matt weidner·MERS·mortgage fraud·pinellas·wall street fraud·wells fargo
Vote NO! on The Florida Consumer Protection and Homeowner Credit Rehabilitation Act
February 4th, 2010 · 2 Comments · Foreclosure
TO: Members of the Pinellas County Florida Legislative Delegation
Dear Members: As you prepare for the Start of the 2010 Legislative Session, I want to thank you for all the good work you are doing for the citizens of the State of Florida and for your neighbors here in Pinellas County.
I am an attorney who [...]
Tags:Arthenia L. Joyner·Bill Heller·charlie justice·Darryl Ervin Rouson·Delegation Vice - Chair·dennis jones·District 45·District 51·District 52·District 54·District 55·Ed Hooper·Foreclosure·Heller·Hooper·James C. "Jim" Frishe·Janet C. Long·Kriseman·Mike Fasano·Nehr District 48·Nehr Peter·pinellas·pinellas county·Rick Kriseman·The Florida Consumer Protection and Homeowner Credit Rehabilitation Act·Tom Anderson
Conspiracy of Confusion- The Failed HAMP Mortgage Modification Program
January 20th, 2010 · No Comments · Foreclosure
It is widely accepted that Obama’s HAMP mortgage modification program is a failure, not helping anywhere near the number of homeowners leaders estimated it would help. If you’re facing foreclosure in Pinellas of Florida or are simply trying to get some reduced payments on your mortgage you will find trying to get a modification a [...]
Tags:bankruptcy·deed in lieu·Foreclosure·foreclosure defense·hamp·lost note·mortgage modification·OBAMA·pinellas
HAMP Modification? Probably Not.
January 14th, 2010 · No Comments · Foreclosure
In March, 2009 the Obama administration announced a new program with the goal of slowing foreclosures and keeping more homeowner’s in their homes. The program, called the Home Affordable Modification Program (HAMP), generally requires lenders to participate in counseling programs with borrowers and encourages those lenders to agree to terms that will allow a homeowner [...]
Tags:deed in lieu·hamp·mat weidner·modification·mortgage modification·pinellas
IndyMac Bank- Another Example of Amercians Getting Screwed While the Fat Cats Get Even Richer
January 14th, 2010 · No Comments · Foreclosure
If You’re Struggling With a Foreclosure or Trying For a Mortgage Modification Consider This
The FDIC took over IndyMac in 2008 after a run on deposits led to the second-biggest failure of a federally insured bank in U.S. history. When no buyers emerged, the government had to manage IndyMac until the following March, when most of [...]
Tags:Foreclosure·foreclosure defense·hamp·indymac·indymac loan modification·indymac mortgage·matt weidner·mortgage modification·onewest·pinellas·short sale·short sales
Bank of America Short Sales Go To Equator System
January 7th, 2010 · 5 Comments · Foreclosure
Several of my posts over the last several months have been highly critical of Bank of America in general and very critical of their short sale processing inparticular. I reserve the right to continue being very critical of Bank of America, but I wanted to report some initial promising developments with short sales that have [...]
Tags:bank of america·deed in lieu·equator·Foreclosure·pinellas·short sale
Indymac Bank Fraud- Deposition of Employee That Proves It All!
January 5th, 2010 · 10 Comments · Foreclosure
If you’re facing foreclosure, or are interested in mortgage modification, deed in lieu or short sale issues related to property, especially in Florida, you should be aware of massive, wide scale fraud that permeates the entire mortgage industry. As the mortgage market exploded and lenders across the country were tripping over one another in a [...]
Tags:deed in lieu·Erica Johnson Seck Deposition - Indymac Federal Bank Fsb·Foreclosure·fraud·indymac bank·matt weidner·pinellas·Plaintiff·Vs. Israel a. Machado
