Blog Posts in May, 2010
Posted on May 25, 2010 By Deborah A. Carman, Esquire
Since my firm continues to handle so many Florida short sales, we naturally receive numerous inquiries from distressed Florida homeowners regarding the possibility of having a deficiency judgment ...
Continue reading "Short Sales and the Risk of Deficiency" »
Posted on May 21, 2010 By Carman Law Firm, P.A.
The continued coverage on Strategic Default (Walking Away) demonstrates now more than ever, that homeowners have finally reached their boiling point. Tired of the lip service from Congress and the ...
Continue reading "Homeowners Fight Back, Strategic Default continues to dominate the news" »
Posted on May 17, 2010 By Carman Law Firm, P.A.
According to CBS it's estimated that at least 1 million homeowners who can afford to pay their mortgage chose to simply walk away last year. CLICK HERE to watch the video According to 60 Minutes, more ...
Continue reading "One Report After Another… Are Strategic Defaults Here to Stay?" »
Posted on May 16, 2010 By Carman Law Firm, P.A.
The Florida Attorney General's office is now investigating Fidelity National Financial, Inc. a/k/a Lender Processing Services d/b/a DOCX for their possible involvement in creating and manufacturing ...
Continue reading "Florida Attorney General Investigates "Bogus" Mortgage Assignments" »
Posted on May 14, 2010 By Carman Law Firm, P.A.
Law Firm Probed Over 'False' Documents Filed in Foreclosure Cases Paola Iuspa-Abbott The Florida attorney general is investigating one of the nation's largest foreclosure law firms over allegations it ...
Continue reading "Tampa-based Florida Default Law Group Investigated Over ‘False’ Documents Filed in Foreclosure Cases" »
Posted on May 13, 2010 By Deborah A. Carman, Esquire
The Federal Trade Commission published a consumer alert (view it here) on the latest mortgage foreclosure rescue scam, which the agency identifies as "forensic mortgage loan audits." The FTC warns ...
Continue reading "FTC Warns Consumers of More Foreclosure Rescue Scams" »
Posted on May 13, 2010 By Deborah A. Carman, Esquire
"Any homeowners who were thinking about walking away from their homes even though they can afford to pay the mortgage: Please Don't Do It" This is a topic that we have all debated for quite some time ...
Continue reading "Freddie Mac’s Message to Strategic Defaulters " »
Posted on May 7, 2010 By Deborah A. Carman, Esquire
I had to comment on an article just released touting how Fannie Mae and SunTrust Bank, are suddenly going to assist distressed Florida homeowners through the CCCS (Consumer Credit Counseling Service) ...
Continue reading "Fannie Forms New Partnership with SunTrust Bank to Help Distressed Florida Homeowners" »
Posted on May 7, 2010 By Deborah A. Carman, Esquire
In this country a lender choosing to modify your mortgage is a voluntary act, not law . HAMP, the Homeowners Affordability Mortgage Program, also known as the Making Home Affordable Program MHA and/or ...
Continue reading "HAMP, Homeowners Affordability Mortgage Program is not a law!" »
Posted on May 5, 2010 By Deborah A. Carman, Esquire
Over the past several weeks I've read numerous articles published by researchers around the country regarding "Strategic Default". For those of you that do not understand what "Strategic Default" is; ...
Continue reading "Walking Away! Strategic Defaults on the Rise" »