South Florida Law Blog

Written By Aaron Kase, Lawyers.com, May 1, 2013 and republished in The South Florida Law Blog. A Florida man was recently sentenced to 26 years in prison for foreclosure and short sale fraud. John Lebron, 33, was convicted last week of setting up a complex scheme to buy and sell foreclosed houses, make money on each part of the deal, […]

Gov. Rick Scott must decide soon whether he will sign into law a bill designed to speed up the residential mortgage foreclosure process. Supporters of House Bill 87 say they hope it will help ease a foreclosure backlog and rejuvenate the housing sector. But there is cause for alarm as the bill could push homeowners out of their residences without […]

Written By Paul Owers, Sun Sentinel 5:37 a.m. EDT, May 9, 2013 and republished in The South Florida Law Blog with excerpts from Roy Oppenheim. South Florida has relinquished its ranking as the nation’s top spot for foreclosures. After posting the No. 1 foreclosure rate for two consecutive months, the metro area covering Palm Beach, Broward and Miami-Dade counties fell […]

What do the recent tragedy in Bangladesh and the state of this country’s banking industry have in common? At first blush you might say nothing, but scratch just below the surface and you will see there are many parallels. First Bangladesh – which we all know by now is a corrupt country being run by an ineffective government where rich […]

This article was originally written By Kimberly Miller for The Palm Beach Post and republished in South Florida Law Blog. The first wave of checks to 4.2 million borrowers, including hundreds of thousands in Florida, will go into the mail Friday, according to the Office of the Comptroller of the Currency and Board of Governors of the Federal Reserve System. […]

It’s a case of Dawn of the Dead called zombie foreclosures. In addition to the wave of Florida foreclosure cases expected once the banks get their paperwork in order and begin to foreclose on new homes again, a different wave of foreclosure cases is also ready to crest. The second wave is the zombie foreclosure wave. The zombie cases are […]

Is homeownership still part of today’s American Dream? A recent article in the Wall Street Journal shared some old school advice on buying a home in today’s economy, more along the lines of Depression Era thinkers versus Baby Boomer spenders. 1. Buy what you can afford without scrimping on other needs. If you need to save for retirement or college, […]

It’s an understatement to say that homeowners have had it up to here with banks and the foreclosure process. Those caught up in the wake of the foreclosure crisis often see the banks as heartless and just out to make a buck. Some feel like what the banks have done to the American homeowner is criminal. And they just might […]