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

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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

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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

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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

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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

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The

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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

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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.

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Recently, Michael Merrill had posted a blog entry regarding Florida’s anticipated share of the landmark foreclosure settlement that the nation’s five largest banks, JPMorgan Chase, Wells Fargo, Citigroup, Bank of America, and Ally Financial. The entirety of that post can be found here. On Monday, Florida State Attorney

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A recent article from the Huffingtonpost.com featured a scathing opinion from United States Bankrupcty Court Judge Robert Grossman regarding, in the words of Judge Grossman, the “not supported by the law” practices of MERS. The entire article can be found here.

The article gave a brief summary of

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The Senate Banking and Insurance Committee voted Monday to have a foreclosure bill meant to streamline foreclosures, heard by both the house and the senate.  SB 1890 was introduced by Senator Latvala and would act to speed foreclosures for abandoned homes and where it is determined homeowners have no

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A recent article from the Daily Record.com discussed the repercussions that foreclosure has on the credit of those who have or had a foreclosure action filed against them. The full article from the Daily Record.com can be found here.

The article detailed the impact that a foreclosure and some foreclosure

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A recent article in the New York Times covered the recent shift in investing in which investors are beginning to re-invest in mortgage backed securities. These are the same mortgage backed securities that many believe led to the housing bubble that burst in 2007-2008 which is still having repercussions

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The recent foreclosure settlement signed by 49 Attorneys General and five mortgage servicers was a significant step towards assisting homeowners with their foreclosures.  Of the approximately $25 billion to be paid by the mortgage servicers, Florida stands to receive $8.4 billion, one of the larger shares of the settlement. 

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A recent article from Bloomberg News details the recent decision by many major banks involved in the mire of foreclosure to, instead of chosing to foreclose on delinquent homeowners, offer homeowners money in return for the homeowners then essentially handing over the keys to their respective homes. The article

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DocX, considered by many as one of the largest companies that provided home foreclosure services to mortgage lending banks and institutions across the nation has been indicted by a grand jury in Missouri. Details of the indictment were discussed in a recent article from the New York Times and

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Freddie Mac, a major player in the mortgage market and recipient of billions of taxpayer dollars, has both started a few new questionable policies and taken some, according to industry experts, “shocking” actions during the past year or so. Details of these actions come from an article from public-interest

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After our post last week regarding Seminole County Chief Judge, Alan Dickey’s, three-hundred (300) foreclosure case week, reported in the Orlando Sentinel, we waited to see if there would be any commentary and it appears, that some of those actually caught up in the 300-case docket are

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With the GOP primaries moving to Florida, the issue of housing has become a focal point for Mitt Romney and Rick Santorum.  Governor Romney has inferred Newt Gingrich was tied to the housing crisis through his work with Freddie Mac.  Governor Romney is also pushing to remove government intervention

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