Category Archives: Foreclosure Stories

Banks Make Mistakes, But They Don’t Learn From Them

Dateline Hernando County, FL. Either history repeats itself, or banks never learn, or perhaps it is just that they don’t care.  One or more of these scenarios is the essence of the story here. A Brooksville, Florida family recently returned … Continue reading

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Foreclosure Fraud, Foreclosure Stories, General Advice, Mortgage Servicers

BANK OF AMERICA ORDERS TRASHOUT OF SHORT SALE HOME AFTER CLOSING

Approximately one week after the new owners closed on the short sale home they purchased through the defaulting Sellers with the approval of BOA, as is required in any short sale, they come home to find a trash-out Crew hired … Continue reading

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Foreclosure Stories, General Advice, Overview, The Players

A Model Set of Ground Rules – Used in Monroe County, Florida

The 16th Judicial Circuit of Florida, which comprises Monroe County, and which has Key West as the County Seat, has developed a procedure contained in Administrative Order 300.5 for handling residential foreclosure case filed in the county.  If more Judicial … Continue reading

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Foreclosure Stories, General Advice, Overview

The Backlash is Starting Against Mortgage Servicers

It took two years, but Servicers might just be starting to get the message.  You can’t treat your homeowners with utter disregard, and not have repercussions. A Fort Benning Soldier, David Brash, on active duty had automatic mortgage payments made … Continue reading

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Foreclosure Fraud, Foreclosure Stories, Homeowner Wins Foreclosure Case, Mortgage Servicers

Are Lenders Attorneys Calendar Challenged?

On March 9, 2011, the Second District Court of Appeals rendered its decision in Sandoro v HSBC Bank in favor of the Homeowner. Their decision is not the end of the case; they sent it back to the Trial Court … Continue reading

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Foreclosure Fraud, Foreclosure Stories, Homeowner Wins Foreclosure Case, Mortgage Servicers

“Destroy the loan docs!” Judges asked to approve mass shredding

It’s bad enough to lose loan paperwork worth a quarter-million dollars (or more!) Now some trustees for bankrupt lenders are asking federal judges to approve a massive, intentional destruction of the original loan papers. Why? Because it’s apparently just too … Continue reading

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Foreclosure Stories, Overview

Massachusetts’ demand for Recording Fees and MERS’ Response

Commonwealth of Massachusetts  Southern Essex District Registry of Deeds Shetland Park 45 Congress Street Suite 4100 Salem, Massachusetts 01970  JOHN L. O’BRIEN, JR. Register of Deeds Phone: 978-542-1704 Fax: 978-542-1706 website: www.salemdeeds.com      NEWS FOR IMMEDIATE RELEASE Salem, MA … Continue reading

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Foreclosure Stories, MERS, The Players

Just one Reason Nevada is #1 in Foreclosures

We’ve all read the stories about Nevada having the highest rate of foreclosures in the US. Here’s one example of why that’s so. The Nevada legislature passed a law to reduce foreclosures.  They required all foreclosures to go through Mediation … Continue reading

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Foreclosure Stories

MERS takes a hit in New York

In a Bankruptcy case handed down 6 days ago, MERS took a big hit.  Even though the Bankruptcy Court upheld the foreclosure, they said it wouldn’t be business as usual for MERS there anymore. Before anyone jumps for joy about … Continue reading

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Foreclosure Defenses, Foreclosure Stories, MERS, The Players

Non-Judicial Foreclosures by BOA halted in Nevada

 A unit of Bank of America Corp. unit, named ReconTrust Co. N.A., was ordered by a Nevada judge to temporarily stop foreclosures in the state that aren’t approved by a court order. Nevada is a State which allows both Judicial … Continue reading

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Foreclosure Stories, Homeowner Wins Foreclosure Case