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Tag: equity stripping

Zombie foreclosures continue: Zombies aren't after us, they're in charge of us

This post by Roy Oppenheim was originally published in Yahoo! Homes and is being redistributed on South Florida Law Blog with their permission. Recently, we won a court victory against one of the nation’s biggest financial players. Our client, who had a $2.5 million mortgage, stopped making payments after the bank forced placed insurance on the home, even though he […]

What I Tell Clients Who Receive a Foreclosure Notice

A version of this blog was originally published on Yahoo! Homes and is being republished on South Florida Law Blog with their permission. As a real estate attorney, I’ve had plenty of prospective clients come to my office after being served with a foreclosure notice. It is safe to say they are usually not in a good mood; they are […]

Friday Round-Up — Bank Of America Makes Deal; Return of Rocket Docket?; Foreclosed Military To Receive Pay Day

Fri Mar 9, 2012 by on Florida Law News

Bank of America to Reduce Principal For 200,000 Underwater Homeowners First some good news, if you’ve got an underwater mortgage owned by Bank of America. BofA has come to a separate agreement with the US government to to help reduce some the fines it owes to the Housing and Urban Development Agency from last month’s huge settlement. Bank of America […]