954-384-6114

Tag: Fraudclosure

Deficiency Judgments Haunting Return, Jason Lives Once Again

Like the never ending horror franchise, deficiency judgments are back. A Florida deficiency judgment occurs when a bank pursues the remaining balance on a mortgage either after a foreclosure or, in theory, after a Florida short sale. Most banks are currently too busy to process deficiency judgments because they are dealing with foreclosures and short sales. Due to the large […]

Early “Fraud-closure” Warnings Ignored, Internal Fannie Mae 2006 Reports

Black hat foreclosure has been an accepted practice since 2006? Unbelievable. Unbelievable. Unbelievable. As Florida’s top prosecutor continues to investigate the state’s law firms for improper foreclosure work, a report has surfaced showing Fannie Mae was warned in 2006 of abuses in the way lenders and their law firms handled foreclosures, according to the Wall Street Journal. The fraud-closure problem […]

1