The Home Equity Theft Reporter: Consumer Advocate’s Effort To Wipe Out Delinquent Mortgage Debt Held By Lenders Unable to Prove Right To Foreclose About To Begin In Florida

The Home Equity Theft Reporter: Consumer Advocate’s Effort To Wipe Out Delinquent Mortgage Debt Held By Lenders Unable to Prove Right To Foreclose About To Begin In Florida A florida appellate court reversed a lower court ruling that dismissed a case with prejudice brought by a 72-year old widow facing foreclosure who complained that she was.

Home Equity Theft Reporter The state Department of Justice filed a brief in the 9th U.S. Circuit Court of Appeals, arguing that the mortgage electronic registration systems, or MERS , can’t stand in for lenders when it comes to county records in what’s called "a non-judicial foreclosure" — one that does not go through court.

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The Home Equity Theft Reporter: Florida AG Announces Criminal Racketeering Charges In Phony Docs Mortgage Scam If money from a specifically unlawful act (SUA) is commingled with funds generated from legitimate sources, all of the funds are subject to confiscation. If the laundered money is then converted into other assets (e.g., stocks, bonds, homes, cars, etc.), the other assets are subject to forfeiture.

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The Home Equity Theft Reporter: Consumer Advocate’s Effort To Wipe Out Delinquent Mortgage Debt Held By Lenders Unable to Prove Right To Foreclose About To Begin In Florida Do Second Lien Creditors Have the Right to Foreclose?. There is no question, in either instance, that a second lienholder has the right to initiate a foreclosure..

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Six years into America’s giant wave of foreclosures, desperate homeowners continue to recite the same story in their effort to work out a mortgage modification with their loan servicer. The.

With property values still rising, they took out a second mortgage for home improvements in 2006, a 15-year loan for $40,000 with a fixed interest rate of 9.25%, bringing their total mortgage debt to about $355,000. Between her salary in Corona and her daughter’s work at a preschool, the $2,276 in monthly home loan payments was manageable.

How to Pay Off your Mortgage in 5 Years The Home Equity Theft Reporter: Consumer Advocate’s Effort To Wipe Out Delinquent Mortgage Debt Held By Lenders Unable to Prove Right To Foreclose About To Begin In Florida Select Portfolio wanted permission to foreclose on Agard’s home in Westbury, New York, on behalf of U.S. Bancorp’s U.S. Bank unit, the trustee for the mortgage-backed.