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Blog Posts in 2011

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Pam Bondi not tough enough on banks

Massachusetts sued five of the nation's largest lenders Thursday, accusing them of deceptive foreclosure practices, as Florida's Senate Democrats hammered Attorney General Pam Bondi for what ...
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Successful Florida Foreclosure Defense Lies In Winning the Small Battles

Does your home loan, foreclosure notices and harassing collection calls have you down and your back against the wall? If so you certainly aren't the only one but are you really ready to give up ...
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Florida Debt Negotiators Can Be Of Great Help

As major Florida debt encounters are rapidly rising, a revolutionary wave has emerged in the industry of Florida debt settlement. Profession of debt settlement has gained a lot of popularity and these ...
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Surging Foreclosure Rates Threaten A Triple Dip In Florida Home Prices

Despite some encouraging housing figures in recent months analysts are now predicting the current surge in foreclosure fillings will cause a triple dip in Florida home prices. New statistics revealed ...
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Save Yourself From Being Scammed

With the present state of increasing foreclosure issues, dishonest people and fake businesses are spreading throughout the housing market. Cheaters are taking advantage of innocent people who are ...
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Why Accept Foreclosure When You Have Other Legal Options

People have failed to repay their monthly loan bills and they are on the verge of experiencing bankruptcy. Their mortgage amount has exceeded the actual cost of their Florida property; in such ...
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The Current State of Florida Foreclosures

Still ranking in the top 6 states in the nation for foreclosure filings, the need for Florida foreclosure defense services is hardly likely to diminish anytime soon. In September of this year alone, ...
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How Can a Florida Foreclosure Lawyer Help You

Florida homeowners should not lose hope if a Florida foreclosure lawsuit is filed against them. You have 20 days to file a response and to hire a Florida foreclosure defense lawyer . Instead of going ...
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Why is Debt Settlement the best option?

Every state across our great country has been negatively affected by the recent credit crises. People living in Florida are one of the victims of these crises. People have tried various instruments to ...
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Impact of the New Mortgage Regulations on Our Society

In the year 2008, while Florida was affected by the unfortunate recession and economic distress, the country as a whole was no exception. The associated housing market crash caused difficulties for ...
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California Officials Take Down Attorneys Operating a National Foreclosure Rescue Fraud Ring

California Officials take down a fraud ring of legal firms and attorneys that officials say swindled thousands of homeowners out of millions of dollars by convincing them to take part in mass lawsuits ...
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Beware; the Florida Foreclosure Dam is about to Burst!

On Monday a New Jersey Superior Court Judge cleared the top-four servicers to resume foreclosures in the state of NJ, will Florida follow? Last October, most banks across the country eased up on ...
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Foreclosure Scandal Leads To Bankruptcy Slowdown

Florida Bankruptcy Rates Decrease By Fifteen Percent From Previous Year According to numbers released by the Florida District U.S. Bankruptcy Court, last years record number of bankruptcies has slowed ...
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Housing prices: No rebound in sight

Source: CNN Money Housing prices are likely to keep falling the rest of this year, and probably won't show much improvement next year either, according to a survey of economists. A CNN Money ...
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FHA program to help underwater borrowers well-intentioned but predictably doomed

The $8 billion program launched by the Federal Housing Administration in September to help underwater borrowers refinance into a new mortgage continues to sputter. The FHA Short Refi program was ...
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Foreclosures loom in shadows

Hidden inventory stuck in legal system may soon find its way into Lee market By DICK HOGAN dhogan@news-press.com Demand for homes in Lee County is brisk and prices are headed up — that's ...
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Delinquencies Outnumber Foreclosures 50:1

If you think for a split second that the foreclosure crisis is winding down take a look at this article
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HAMP Stats and Principal Reductions

Treasury released new numbers for the Home Affordable Modification Program (HAMP). New this month is data on the program's Principal Reduction Alternative (PRA). Servicers have cut principal ...
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Why are Borrowers with Second Mortgages more likely to be underwater?

It's really not hard to answer and none of this should come as a surprise. Many of these second mortgages or home equity loans were used as piggybacks to avoid paying mortgage insurance and to ...
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Nearly Half of the Mortgages in Palm Beach County Are Underwater!

The new report released by CoreLogic shows that nearly half of the mortgages in Palm Beach County are underwater, which means that the home is worth less than what is owed on the mortgage or inching ...
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I Highly Recommend the Carman Law Firm!

I am a middle class professional who due to illness and unemployment fell on difficult times and unfortunately fell severely behind on several credit cards. As I was recovering the thought of dealing ...
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Is There a Way Out for Florida’s Underwater Real Estate investors?

Our client had purchased a condominium in Jupiter for her elderly mother making it an investment property. The condominium had been purchased in the height of the market and secured by a mortgage in ...
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Most believe that there is no way out for Florida’s underwater homeowners, but this is not the case!

Realizing that the likelihood of ever regaining the equity lost in his Lake Worth home was not good, our client focused on a Strategic Default and sought the advice of several well-known Florida ...
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Three Mortgages, a Deed-In-Lieu of Foreclosure, No Deficiency and an $11,000.00 Check?

I"m writing this only because I received a letter today (see below) from my clients thanking my firm and felt it should be shared with everyone. My clients were in an extremely bad situation; ...
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Wake Up… the Government is not going to get you a better Loan Modification, no less a Principal Reduction.

At a town hall meeting in Washington, D.C. President Obama made a public call for mortgage lenders and servicers to provide struggling homeowners with longer-term modifications and principal ...
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