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Recent Posts in Foreclosure Crisis Category

43 results found. Viewing page 1 of 2. Go to page 1 2   Next

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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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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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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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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It's Time for a Reality Check

I have noticed over the past several weeks that suddenly everyone believes they can sit back and wait for the Attorney General's throughout this country to save their homes. Homeowners that have been ...
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‘Warning’ – Foreclosure’s Resurface with a Vengeance

Since the beginning of the year, I have warned that Florida foreclosures were on-hold, sort of a calm before the storm, and when they resurfaced, which they would… it would be with a vengeance! Fast ...
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Don't Walk Away! And Certainly Don't TRUST Your Lender...

Florida residents AJ and Brenda Boyd spent more than a year trying to renegotiate their mortgage to save their home. But instead of the bank helping them, their bank attempts to evict them. A story ...
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The Next Housing Shock

As more and more Americans face mortgage foreclosure, banks' crucial ownership documents for the properties are often unclear and are sometimes even bogus, a condition that's causing lawsuits and ...
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Nearly 20% of Florida homes are vacant, prices fall another 11%, expected recovery '2030'

Les Christie, staff writer It's not always easy to feel sorry for sunny Florida. But it just got hit with another blow. On Friday March 18, 2011, 4:14 pm EDT On Thursday, the Census Bureau revealed ...
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Financial hardships like foreclosure can lead to divorce

The recession is hitting Valley families hard and its not uncommon to see those losing their homes also lose their families to divorce from the stress. Bob Burger, certified divorce financial analyst ...
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The Suffering Brought On By the Foreclosure Crisis

Last night's 60 Minutes episode documented the foreclosure crisis through interviews with the children whose lives have been torn apart by the policy decisions of our government. There is a whole cast ...
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Florida lawyer David Stern ends foreclosure law practice

A prominent Florida lawyer accused of mishandling many foreclosure cases in that state is shutting down his foreclosure law practice at the end of the month, a regulatory filing shows. The decision by ...
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Home Loans Less of a Toxic Threat than Commercial Real Estate

While the housing crisis is what triggered the economic downturn and pushed so many lenders under early on in the receession, it seems the biggest threat has now shifted from residential mortgages to ...
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Foreclosure outlook grim

Lisa Goodner, Florida courts administrator, says residential mortgage foreclosures in Florida will double to roughly 365,000 in state fiscal year 2011-12, which begins July 1. Another expert predicts ...
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SunTrust Acknowledges Document Problems

An Internal review finds 4,000 cases in judicial foreclosure states, especially Florida, had improper documents. An internal review of SunTrust Banks Inc.'s foreclosure practices found that thousands ...
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Florida's Attorney General opens probe into eighth foreclosure firm

The office of the Florida Attorney General has opened an investigation into Ben-Ezra & Katz, a Hollywood law firm that processes thousands of foreclosures for lenders, on allegations of presenting ...
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Foreclosure mediations in Florida fail to produce quick results

A court-initiated foreclosure mediation program in Florida has a somewhat spotty track record after releasing results from the first four-month mediation cycle. Foreclosure mediation programs are ...
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Foreclosure attorney Stern selling Hillsboro Beach estate properties - and perhaps a superyacht

"In yet another sign that times are tougher for Plantation foreclosure attorney David Stern, he is looking to unload luxury assets worth tens of millions, including two estate properties on Hillsboro ...
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Former Countrywide Chief Escapes Criminal Prosecution

The criminal cloud hanging over the founder and former chief of Countrywide Financial Corp. has been lifted -- though that could change if ongoing civil litigation reveals new facts. Behind the ...
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6.92 million Residential Mortgages Past Due or in Foreclosure

LPS says the states with highest percentage of non-current loans last month were Florida , Nevada, Mississippi, Georgia, and New Jersey. After several months in which the nation's volume of ...
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The Curse of Negative Home Equity

As more than $113 billion worth of home equity has vanished from South Florida's housing market in the past five years, the number of homeowners with mortgages that are larger than the values of their ...
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Florida’s foreclosure rate is the highest in the nation

Florida has the nation's highest inventory of homes in distress, accounting for nearly one out of every four foreclosure properties in the country , according to data released Thursday by the Mortgage ...
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Ben-Ezra & Katz gives notice to half of its 568 employees

Fannie's Action Leads to Hundreds of Layoffs Fannie Mae's decision last week to terminate a Florida law firm that has handled more than 18,000 foreclosures has left hundreds of employees out of work. ...
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Ben-Ezra held in contempt over 'Fraud' in foreclosure filing

A day after federal mortgage giant Fannie Mae fired the prominent law firm of Ben-Ezra & Katz, a Miami judge found the firm's founding partner, Marc Ben-Ezra, in contempt of court for filing ...
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