ARCHIVED BLOG POSTS
2011
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The opportunity to receive up to $12,000 in financial assistance to avoid foreclosure has not been much of a success in Florida. Florida is one of five states hit hardest by the foreclosure epidemic. Notwithstanding attorney general investigations into alleged foreclosure mills, the demise of att...
04/29/2011
Step Up Florida, a community outreach program presented by the Reyes Law Group, invites you to their first foreclosure defense seminar on May 1st at the Renaissance Hotel in Plantation. The Seminar will be held in English from 11am to 2pm and in Spanish from 3pm to 6pm. Renowned Foreclosure Def...
04/28/2011
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One of the major distinguishing factors between a strategic default and any other mortgage default is that a strategic default is a deliberate business decision. The homeowner has the ability to make payments but simply decides not to because the property value is less than the balance owed on th...
04/23/2011
The alleged splitting of attorney fees between foreclosure mills and third-party mortgage servicing providers is the subject of yet another lawsuit brought by Alabama-based attorney, Nick Wooten. The latest case involves plaintiff, Susan Marie Harris of Pensacola, against Lender Processing Servic...
04/23/2011
Plantation attorney Eve Rosen, 55, was acquitted earlier today in a Miami federal courtroom of 13 counts of bank fraud, after a jury found she did not knowingly participate in a mortgage loan scam that cost three banks $7.9 million. From straw buyers to industry insiders, over 1,200 people have b...
04/21/2011
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While negotiations continue between mortgage servicers and the Multistate Mortgage Foreclosure Group, enforcement action has been taken by the Office of the Comptroller (OCC), the Office of Thrift Supervision (OTS), and the Federal Reserve Board (FRB) against 14 U.S. bank and two third-party mort...
04/15/2011
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While negotiations continue between mortgage servicers and the Multistate Mortgage Foreclosure Group, enforcement action has been taken by the Office of the Comptroller (OCC), the Office of Thrift Supervision (OTS), and the Federal Reserve Board (FRB) against 14 U.S. bank and two third-party mort...
04/15/2011
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Are you unemployed or underemployed and unable to pay your mortgage on time? The Florida Housing Finance Corporation announced last week that Floridians having difficulties making their mortgage can apply for financial assistance from the Hardest-Hit Fund (HHF) beginning next Monday. On April 18 ...
04/10/2011
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With over 600 million members and hundreds joining every hour, if Facebook were a nation, they would be the world's third largest behind only China and India. At seven years old, Facebook continues to develop an existence within society. With that said, "change" is once again occurring at the so...
04/03/2011