Short Sale Primer - Back Room Lender Decisions A Primer - Short sales are nothing new. When I represented a national lender for all of their foreclosures in the State of Florida several years ago, we negotiated "loan workouts" which are now called "short sales". Since they have been around so l
...
05/04/2008
There is discussion on Active Rain from time to time on whether in a short sale it is advisable to move out of the house. The real issue is the clause in the mortgage that says the bank can change the locks on the house if it is "abandoned". The exact phrase from the Fannie Mae Single Family mor
...
05/04/2008
Sad Facts about Attorney Misconduct in a Short SaleBeing an attorney carries a heavy burden when representing a client. Watch any case for attorney misconduct that goes to a criminal trial and you will see the attorney usually get the most severe penalty. This is because the attorney is held to
...
05/03/2008
Short Sale Primer - Back Room Lender DecisionsA Primer -Short sales are nothing new. When I represented a national lender for all of their foreclosures in the State of Florida several years ago, we negotiated "loan workouts" which are now called "short sales". Since they have been around so lon
...
05/03/2008
See UPDATE to this blog and how it was resolved - at FLORIDA FORECLOSURE FRAUD BILL - UPDATE Governor Crist - House Bill 643 is a much needed bill and frankly, it does not go far enough to address the fraud and unfair advantages taken by predators. I see this type of work daily in my law practic
...
05/02/2008