by Justin L. Seekamp
Florida’s Supreme Court, the highest court in Florida, is set to hear arguments on its first significant foreclosure case since the housing collapse. The outcome of the case could, as many banks warn, cause “widespread financial crisis” if the Supreme Court sides with the homeowner. This revelation, and other
by Justin L. Seekamp
Complaints filed with the Florida Bar, the body that regulates the over 90,000 attorneys in Florida, by individuals against attorneys and law firms involved in foreclosures and foreclosure defense have seen a precipitous increase over the past several years. This revelation was found in a recent news story from
by Justin L. Seekamp
A few months after the moratorium by many large lenders on filing foreclosure actions and after what appeared to be a downturn in foreclosure filings, a recent article from Click Orlando.com reveals that foreclosure filings for the first half of 2012 have jumped in several major Florida cities. The
The Miami Herald has reported the Mayor of North Miami, Andre Pierre, and his wife are facing foreclosure of their home. This news is juxtaposed with recent reports of foreclosure filings on a slight decline for Miami-Dade County, when compared to last year. The Pierres allegedly stopped paying their mortgage
by Justin L. Seekamp
Home sales from short sales are outnumbering home sales that have come from properties that have gone through the foreclosure process. This uptick in short sale home sales comes amid a change of practice for many large lenders who have seemingly realized that sales from foreclosures typically result in
by Justin L. Seekamp
Florida’s foreclosure debacle has affected more than just Florida’s unfortunate homeowners, the court systems throughout the state of Florida have been dealing with the onslaught of foreclosure case filings that have left many circuits with numerous questions regarding funding. A recent article from the Palm Beach Post, found
While most teenagers struggle with the workload imposed by school, one Florida fourteen-year-old decided to balance school with being a landlord. NPR reported Willow Tufano (and her mother) recently purchased a home in Port Charlotte, Florida for $12,000. After Willow completed renovating the home, tenants moved in and she became a landlord.
The
by Justin L. Seekamp
Facing the glut of foreclosure cases, Bank of America, currently the nation’s largest mortgage originator, has unveiled a new alternative to foreclosure. An article from the Wall Street Journal detailed this newly developed foreclosure alternative, found here.
What is this new foreclosure alternative? According to details found in the
by Justin L. Seekamp
Recent posts from Florida attorney, Michael Merrill, found here and myself, Florida attorney Justin L. Seekamp, found here, commented on Florida’s recent settlement with the nation’s five largest banks for their role in foreclosure related activities. These posts focused on the overall details of the settlement agreement.
No comments