The Palm Beach Post published an excellent article about the newest method some underwater owners are using to try to save their homes from foreclosure. Many people consider this a way to “beat the bank in foreclosures.” Is it a brilliant legal strategy or just the latest scheme? You decide. The Post reports that at…
Florida’s residential mortgage foreclosure managed mediation (RMFM) program is dead. Administrative Order No. AOSC11-44, signed yesterday by Florida Supreme Court Chief Justice Charles Canady, terminates the statewide mediation program. The Court has reviewed the reports on the program and determined it cannot justify continuation of the program. Accordingly, upon issuance of this administrative order, the statewide…
Our federal government is once again going to make real estate transactions “easier” for consumers to understand. For almost two years, real estate practitioners have been struggling with the new Good Faith Estimate (GFE) and HUD-1 Settlement Statements on all RESPA transactions. The intent behind these revised forms was to make things “easier” for the…
In addition to representing plaintiffs and defendants in foreclosure cases, I am regularly appointed by our local court to serve as a Guardian Ad Litem, Attorney Ad Litem, or Administrator Ad Litem in foreclosure cases. A recent frustrating experience with a “foreclosure mill” in one of those cases prompted me to write about this issue….
South Floridians are acutely aware of the foreclosure meltdown. We’ve all had family, neighbors, or friends who have been affected. We’re not alone though. Many parts of our country are still reeling from the foreclosure crisis, and we’re not even close to seeing the light at the end of the tunnel. Foreclosure cases continue to…