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Monthly Archives: January 2012

Freddie Mac — Playing Two-Face to the American Homeowner?

Tue Jan 31, 2012 by on Foreclosure Fraud

  Aaron Eckhart might have played Two-Face in the last Batman movie, but Freddie Mac seems to have settled into the role these days. Non-profit ProPublica and National Public Radio allege that Freddie Mac, which was set up to make home loans more accessible, was in fact betting against homeowners. It’s a highly disturbing, and completely shocking report. ProPublica’s Jessie […]

Eric Schneiderman: This Millennium's Elliot Ness?

We here at the South Florida Law Blog decided to clock in a few hours this weekend, because if we didn’t we’d probably fall behind President Obama’s new man-in-the trenches Eric Schneiderman. The New York Attorney General, only days into his appointment as the head of the newly-formed Residential Mortgage-Backed Securities Working Group has already issued subpoenas to 11 financial […]

Week In Review: Foreclosure and the GOP; Banks May Lose HAMP Money; Bondi Stands Behind Settlement; Stern Wants Fries With That

Fri Jan 27, 2012 by on Florida Law News

We’re finally starting to catch our breath, with the substantial amount of news we’ve seen come down the pipeline in the housing market this week. President Obama’s State of the Union, and the apparent collapse of the federal government’s settlement with the banks have been our focus this week, and rightfully so. But there’s been lots of other stories that […]

Obama and the State of the Union — a Political Jekyll and Hyde?

Leading up to the State of the Union, we heard a lot of chatter that a proposed $25 billion settlement with the banks would be a selling point in President Obama’s speech.And maybe it would have been, had President Obama delivered the State of the Union. But clearly the person we saw last night addressing Congress was candidate Obama, who […]

Foreclosure Fallout: Robo-Signing deal falls flat

President Obama is likely to talk about this in tonight’s State of The Union Address, but we’re not going to wait that long. With details of the proposed $25 billion settlement with the nation’s largest banks over the robo-signing fiasco now out in the public eye thanks to the Associated Press, we feel a large sense of disappointment. There’s no […]

Will Obama Target Housing Crisis During State Of The Union?

We really haven’t seen President Obama insert himself directly into the housing crisis, but there are rumblings that he may do just that during Tuesday’s State of The Union address. The fact is that is what homeowners have been clamoring for. A new USA TODAY/Gallup Poll found 58% of Americans want the government to do more to help people keep […]

Week In Review: Foreclosure Judge Slammed, Bank Settlement Close? and So. Fla. Housing Crisis in One Chart

Fri Jan 20, 2012 by on Florida Law News

Florida Homeowner Slams Judge Hearing 300 Cases In the absolutely-not-surprising-in-any-way file, one of the 300 homeowners who went before a Seminole County judge during a three day session this week thinks he was treated flimsily by the court. Blaize McMonagle told ABC News that Judge Alan Dickey sped through his case without being given the chance to defend himself. Dickey […]