Monthly Archives: December 2010

Foreclosure Mills

The involvement of private equity firms in the legal industry is not new. But their involvement with foreclosure mills appears to have started about five years ago, just as the housing market was starting to collapse and the number of foreclosure … Continue reading

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History - Or how we got here, The Players

MAKE THE BANK PROVE OWNERSHIP OF THE NOTE

The only person or entity that can displace you from your house is the entity that actually owns the mortgage and holds the note and can prove it.  What did the holder of the note do with that document?  Not … Continue reading

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Foreclosure Defenses

FRAUD ON THE COURT

In US Bank v. Harpster the Law Offices Of David J. Stern committed fraud on the court by the evidence based on the Assignment of Mortgage that was created and notarized on December 5, 2007. However, that purported creation/notarization date was facially impossible: … Continue reading

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Foreclosure Stories

Problems with Foreclosure Notices Loom as Next Flaw in Process

Improperly served foreclosure notices may be the mortgage industry’s next roadblock to repossessing homes. The Florida attorney general’s office is investigating two of the state’s largest companies that serve court summonses on homeowners, while at the same time judges are … Continue reading

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Foreclosure Stories, The Players

Mortgage Loan Services

What they do: A mortgage servicer does not loan anyone money. Generally, their entry into the marketplace is after the fact. They perform a variety of services like handling payments, escrow accounts, annual statements, dealing with borrowers, collections, etc. This … Continue reading

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Mortgage Servicers, Overview, The Players

Judge wants answers to foreclosure document fees

By SHANNON BEHNKEN | The Tampa Tribune Published: November 18, 2010 Updated: 11/19/2010 07:41 am DADE CITY – Pasco County Circuit Judge Susan Gardner decided to take a closer look at her foreclosure cases after law firms were accused recently of … Continue reading

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Foreclosure Fraud, Foreclosure Stories

South Florida at center of growing foreclosure legal mess

10/23/2010 © South Florida Sun-Sentinel Does this sound familiar? South Florida lawyer from humble origins presides over a rapidly expanding business empire. He spends lavishly along the way, with a fleet of expensive sports cars, million-dollar waterfront properties and yachts, … Continue reading

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Foreclosure Stories

Lee suit to fight foreclosure fees

10/28/2010 © Ft. Myers News-Press Three Lee County property owners who say they are being priced out of the court system will file a lawsuit today against top Florida officials, arguing a 2009 law that raised the cost of foreclosure … Continue reading

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Foreclosure Stories

Judge: 357 idle foreclosure suits gone in 2 1/2 hours

10/30/2010 © Bradenton Herald MANATEE — The foreclosure case was filed in March 2007. Within a month, all of the parties were served with copies of the suit. Then, nothing. No reply from the homeowner. No filings nor hearings set … Continue reading

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Foreclosure Stories

Florida Bar ramps up foreclosure-related activities

By Gary Blankenship Senior Editor As Florida courts struggle with a mountain of foreclosure filings and a flood of delays caused by the banking industry’s paperwork difficulties, The Florida Bar has stepped up efforts to prevent mortgage-related fraud and to … Continue reading

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Foreclosure Fraud