Blog Posts in 2010
101 results found. Viewing page 1 of 5.
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Posted on Dec 29, 2010 By Deborah A. Carman, Esq.
Of course you should. Why would anyone even ask such a question? We are faced with the worst housing market collapse since the Great Depression, 6.92 million U.S. properties are delinquent or in ...
Continue reading "If I’m at risk of losing my home, should I hire an attorney?" »
Posted on Dec 22, 2010 By Admin
Hire a debt relief and foreclosure defense attorney … The ongoing banking crisis is a perfect opportunity to literally engage the bank in a sort of a hand to hand combat. I'm pretty sure we all have ...
Continue reading "It’s a New Year, I’m Underwater, No Modification, now what do I do?" »
Posted on Dec 20, 2010 By Admin
Data released last week clearly indicates that we are on track for yet another million homes being lost to foreclosure in 2011. Although there has been a lot of talk about foreclosure filings ...
Continue reading "An Estimated One-Million Homes Will Be Lost to Foreclosure in 2011, the Time to Act is NOW!" »
Posted on Dec 17, 2010 By Deborah A. Carman, Esq.
As we reported previously the disorganization at banks has caused homeowners to lose their homes while still in the loan modification process… something that's not supposed to happen under the rules ...
Continue reading "Banks Continue to Foreclose on Homeowners Seeking Loan Mods" »
Posted on Dec 13, 2010 By Admin
On Friday, Bank of America cleared their attorneys to proceed with 16,000 foreclosure cases in December as it completes a revamp of its procedures. On Oct. 1, Bank of America suspended foreclosures in ...
Continue reading "Bank of America restarts foreclosures" »
Posted on Dec 8, 2010 By Admin
As more and more individuals and families struggle to make mortgage payments they continue to turn to their bank for help. Most families immediately contact their bank and apply for a loan ...
Continue reading "Trapped in the Loan Modification Maze" »
Posted on Dec 6, 2010 By Deborah A. Carman, Esq.
On Saturday the Palm Beach Post published an article by Kimberly Miller entitled " Bank evicts, then offers Boca Raton couple a loan mod " - one of the many heartbreaking stories of how someone loses ...
Continue reading "Bank evicts, then offers Boca Raton couple a loan modification " »
Posted on Dec 3, 2010 By Admin
FDIC chairman Sheila Blair is calling on Treasury officials to streamline the loan modification process and require write-downs of second mortgages. Junior liens have been a major obstacle to ...
Continue reading "FDIC Chief Blair Pushes for Write-downs on Seconds" »
Posted on Dec 2, 2010 By Admin
Over the past couple of years, lenders and federal policy makers have pointed to short sales as a way to revive declining housing market while at the same time helping troubled borrowers to avoid ...
Continue reading "Second Mortgages Stand in Way of Short Sales" »
Posted on Nov 29, 2010 By Admin
Strategic default is a process by which homeowners that can afford to continue making their monthly mortgage payments, make a calculated financial decision to default on their mortgage in order to ...
Continue reading "Strategic Default is increasing for those who have no choice. " »
Posted on Nov 27, 2010 By Admin
If it's not bad enough to lose your home to foreclosure, you may still be liable for the deficiency amount. That's the difference of what's owed on your mortgage loan and what the bank could sell for ...
Continue reading "UNDERWATER? You can get out without a deficiency judgment." »
Posted on Nov 19, 2010 By Admin
Thanks to the efforts of the Carman Law Firm our clients are no longer faced with foreclosure and have received a permanent modification of their mortgage loan. When Palm Beach County homeowners ...
Continue reading "Carman Law Firm Stops Foreclosure Sale and Obtains Permanent Modification for Boca Raton Homeowners" »
Posted on Nov 18, 2010 By Deborah A. Carman, Esq.
I continue to hear the horror stories every day from homeowners spending more than a year, that's right more than a year, trying to have their mortgages modified. They are faced with stall tactics by ...
Continue reading "HAMP and the Horror Stories" »
Posted on Nov 16, 2010 By Admin
One of the under-reported stories of Foreclosure-Gate is the ability of homeowners facing foreclosure to retain a foreclosure defense attorney , live in their homes without paying their mortgage, and ...
Continue reading "Living for Free" »
Posted on Nov 15, 2010 By Admin
Let me just say that I read a lot of articles about foreclosure, and this one I must say is one of the best I've read. It's a little insensitive, as it includes a few f-bombs, put that aside you have ...
Continue reading "A Great Article on the Foreclosure Crisis" »
Posted on Nov 14, 2010 By Admin
As banks resume foreclosures and claim to have added safeguards [1] to their processes, it's been left up to state court judges to decide whether they buy what the banks are saying. Many judges ...
Continue reading "Banks Face New Rules on Foreclosures from Skeptical State Judges" »
Posted on Nov 12, 2010 By Deborah A. Carman, Esq.
For more than two years, home foreclosures have swept Florida, spreading misery among families, as lenders continue to undermine the efforts to restart the economy. The bigger problem may turn out to ...
Continue reading "Strategic Default – It simply makes financial sense" »
Posted on Nov 11, 2010 By Admin
Nevada, Arizona and California now trail Florida on the foreclosure list. According to a survey released Thursday, by the Washington-based Mortgage Bankers Association, Florida ranks top nationally ...
Continue reading "Florida leads U.S. in foreclosures" »
Posted on Nov 11, 2010 By Admin
According to figures released Wednesday by the real estate data provider Zillow nearly one-quarter, or 23.2 percent of U.S. homeowners with a mortgage were underwater meaning they owe more on the home ...
Continue reading "More Homeowners Underwater " »
Posted on Nov 10, 2010 By Admin
If you, like most Floridians, are in over your head with a home that has lost most of its value you are not alone. Many homeowners and investors alike bought when the market was at its peak and were ...
Continue reading "Are You Paying A Big Mortgage On A House That Just Isn't Worth It?" »
Posted on Nov 4, 2010 By Admin
According to the September Mortgage Monitor report released by Lender Processing Services foreclosure timelines continue to increase, thanks in part of the recent robo-signing allegations and ...
Continue reading "Florida Foreclosure Timeline Exceeds 500 Days" »
Posted on Nov 4, 2010 By Admin
Before hiring the Carman Law Firm to defend a foreclosure law suit filed against their Palm Beach County home, our client all but begged Sun Trust Mortgage to modify their mortgage. The client did ...
Continue reading "Carman Law Firm, P.A. settles Sun Trust Foreclosure Case" »
Posted on Nov 3, 2010 By Deborah A. Carman, Esq.
Recently my office has received numerous inquiries asking about the possibility of wage garnishment during the foreclosure process. Of course I'm not one bit surprised to hear that lenders are ...
Continue reading "Can the Bank Garnish My Wages During a Florida Foreclosure?" »
Posted on Nov 2, 2010 By Admin
For more than two years, home foreclosures have swept Florida, spreading misery among families, as lenders continue to undermine the efforts to restart the economy. The bigger problem may turn out to ...
Continue reading "ONE MORE TIME... Strategic Default, simply makes financial sense" »
Posted on Nov 2, 2010 By Admin
"Many homeowners end up facing foreclosure solely on the basis of the arrears accumulated during a trial modification," said Julia Gordon , senior policy counsel at the Center for Responsible Lending, ...
Continue reading "Mortgage Modification Forcing Borrowers into Foreclosure" »
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