The expanding investigation into Florida’s foreclosure crisis has turned up a new problem that may involve a number of cases: Individuals hired by law firms to notify struggling homeowners when their foreclosure cases are to be heard in court may have filed faulty or false documents. Foreclosure defense attorneys and consumer advocates say they have …
Category Archives: Legal
Man will plead guilty in multi-million dollar mortgage scheme
A man involved in a mortgage scheme first uncovered in a Tampa Tribune investigation four years ago has agreed to plead guilty to federal charges of conspiracy to commit wire, mail and bank fraud. Chad Evans’ Clearwater companies, Shorefront Ventures LLC and Tye Funding LLC, were used to lure "straw buyers" to participate in fraudulent …
Continue reading “Man will plead guilty in multi-million dollar mortgage scheme”
Title insurer tightens reins on lenders
Title insurer tightens reins on lenders The country’s largest title insurer said that banks and other lenders must vouch for the accuracy of their mortgage documents before the firm will write insurance for a foreclosure sale. Fidelity National Financial announced the policy change — the strongest move yet by a title insurer to protect itself …
Five years after Hurricane Wilma hit, insurers getting new claims, lawsuits [South Florida]
Five years after Hurricane Wilma hit, insurers getting new claims, lawsuits Five years after Hurricane Wilma crossed Florida, insurers still are being whipped as they deal with new and reopened claims that have come along years after the storm. By now, it seems Wilma might have been forgotten. The storm made landfall near Marco Island …
Paperwork Trail: The Lawyers Who Fight Foreclosures – WSJ.com
Paperwork Trail: The Lawyers Who Fight Foreclosures The paperwork mess muddying home foreclosures erupted last month. But the legal strategy behind it traces to a lawyer’s gambit in 2006 that has helped keep one couple in their home six years beyond their last mortgage payment. Lillian and Robert Jackson stopped paying on their home in …
Continue reading “Paperwork Trail: The Lawyers Who Fight Foreclosures – WSJ.com”
Why Florida’s Foreclosure Machine Is Slowing Down
Why Florida’s Foreclosure Machine Is Slowing Down At the George E. Edgecomb Courthouse in Tampa, Judge Sandra Taylor presides over one of the special courts set up to help work through Florida’s backlog of foreclosure cases. Sitting at a desk in a fifth-floor conference room, with a court assistant and a cart stacked with manila …
Continue reading “Why Florida’s Foreclosure Machine Is Slowing Down”