Jon Coats Law Blog

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Entries Tagged as 'foreclosure fighters'

Robo-signing scandal may date back to late ’90s

September 26th, 2011 · No Comments · Foreclosure, News, Uncategorized

Tweet “falsifying mortgage documents could be far more prevalent than feared”   By PALLAVI GOGOI “Counties across the United States are discovering that illegal or questionable mortgage paperwork is far more widespread than first thought, tainting the deeds of tens of thousands of homes dating to the late 1990s. The suspect documents could create legal trouble for [...]

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Collapse of Foreclosure Mill Costs All Taxpayers

December 31st, 2010 · No Comments · Commercial Loans, Foreclosure, News, Real Estate Law, Uncategorized

Tweet By CHRISTINE STAPLETON AND KIMBERLY MILLER “Recently out of law school and looking for work, scores of young Florida attorneys found steady paychecks in burgeoning firms whose business is based on repossessing the American dream. Today, more than 260 attorneys work at four of Florida’s largest foreclosure firms, and 48 percent of them have been practicing [...]

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Mortgage Mess Cartoons

December 6th, 2010 · No Comments · Commercial Loans, Foreclosure, loan modification, Uncategorized

Tweet Mortgage Mess Cartoons

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States aim to force changes in foreclosure process

October 16th, 2010 · 1 Comment · Foreclosure

Tweet State attorneys general aim to force changes in mortgage industry’s handling of foreclosures Alan Zibel, AP Real Estate Writer, On Tuesday October 12, 2010, 7:04 pm EDT WASHINGTON (AP) — If the attorneys general of up to 40 states have their way, mortgage companies will have to revamp the way they handle foreclosures, pay penalties [...]

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Robo-signing controversy could derail nation’s entire foreclosure process

October 12th, 2010 · 1 Comment · Uncategorized

Tweet What began as scattered accusations of shoddy paperwork and fudged documents is mushrooming into a full-blown crisis threatening to derail the foreclosure process across the country. Bank of America on Friday became the first big bank to temporarily halt foreclosures in all 50 states while it reviews hundreds of thousands of cases for potential [...]

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JP Morgan Must Show Foreclosures Are Legal, Brown Says

October 10th, 2010 · 1 Comment · Foreclosure, loan modification, News

Tweet Oct. 1 (Bloomberg) — JPMorgan Chase & Co., the third- biggest U.S. mortgage servicer, must prove its home foreclosures are legal, and if it can’t, must stop the practice, California Attorney General Jerry Brown said. JPMorgan is asking courts to delay judgments in pending foreclosure cases while the bank reviews and possibly resubmits statements. [...]

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GMAC Stopping All Foreclosures – Lender Welfare

October 9th, 2010 · No Comments · Foreclosure, News

Tweet Okay, so some reports are floating around the web today that GMAC has put a kibosh on all foreclosures, both pre-foreclosure properties and bank-owned properties on the market. The reports are stemming from a memo telling GMAC to have all brokers and agents stop everything in its tracks.  No more evictions, no more cash [...]

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Why sloppy foreclosure process could undermine Florida

October 4th, 2010 · 1 Comment · News

Tweet Times Business Columnist: Robert Trigaux (In Print: Sunday, October 3, 2010) “There’s no polite way to put this. A growing cancer is infecting the backlogged legal process of foreclosing on hundreds of thousands of homes in Florida. It’s endangering the legal and economic stability of this state. And it’s exposing an appalling lack of [...]

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FLORIDA ATTORNEY GENERAL INVESTIGATING FORECLOSURE MILLS!!

August 10th, 2010 · No Comments · Foreclosure, Uncategorized

Tweet I see it every day in my practice, i.e., foreclosing banks filing questionable documents with the court like assignments of mortgages that mysteriously show up months after the plaintiff filed the foreclosure complaint.  Heck, in some of my cases the plaintiffs file multiple conflicting assignments, signed by the same people on behalf of multiple lenders and [...]

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FORECLOSING LENDERS UP TO NEW TRICKS??

August 5th, 2010 · No Comments · Foreclosure, loan modification, Uncategorized

Tweet The Circuit Court of the Sixth Judicial Circuit In and For Pasco and Pinellas Counties issued a well thought local Administrative Order No. 2010-025 PA/PI-CIR that governs Mortgage Foreclosure Procedures.  A very important part of this new Administrative Order requires foreclosing lenders, as of July 1, 2010, to file a verified “Form A” with their [...]

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