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Monthly Archives: March 2012

Saturday Round-Up; Mortgage Debt Relief Extended?; NY Foreclosure Dismissed; Foreclosure Crisis in A Quilt

Bill extends Mortgage Debt Relief Act of 2007 I warned you earlier this month that if you’re considering a short sale, the time to get the ball rolling is now. That’s because the Mortgage Debt Relief Act, which was passed in 2007, is set to expire at the end of this year. If that happens you’ll have to pay taxes […]

Friday Round-Up; Budget Cuts Cripple Foreclosure Docket; Whistleblower Gets $18 mil; Stern Employees Settle

Fri Mar 16, 2012 by on Foreclosure Fraud

Clerks of court warn budget cuts will delay filings Just as I had predicted (and feared) now that the Florida legislature has passed a 7% budget cut to the state’s Clerk of Courts, officials from those offices are already warning of a major slowdown at courthouses across the state. Case filings may now take weeks instead of days. Hearings may […]

Robosigning Exposed in HUD Audits

Thu Mar 15, 2012 by on Florida Law News

Well what do you know. Earlier this week I blogged about the mortgage settlement documents and their stunning lack of detail on the frauds committed by the banks during the days of robosigning. I was frustrated because it seems like the complete recklessness of the banks was being whitewashed in order for the settlement to go through. Turns out I […]

Foreclosure Settlement Filed; But Banks’ Crimes Go Largely Ignored

In the weeks after the mortgage settlement was announced by the Federal Government, I waited under baited breath to the see it in its entirety. Almost every week I read a different report stating the documents to finalize the settlement were about to be filed in court. And as each reported deadline came and went, I grew more and more […]