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Florida

Foreclosure Assistance Solutions Forced To Pay Back Homeowners

by Moe Bedard

A defunct business accused of doing little or nothing for Washington homeowners after promising to rescue them from foreclosure has agreed to pay partial refunds.In a settlement with the state attorney general’s office, Foreclosure Assistance Solutions of Clearwater, Fla., did not admit any wrongdoing. A similar deal involving the same company was announced last month [...]

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In 99 percent of the residential foreclosure cases, plaintiffs are asking the court to accept a promissory note copy as the original because it is presumed lost

by Moe Bedard

 If car dealers can keep track of titles, banks can track promissory notes, Joseph Lents says.
Somebody has been trying to foreclose on Joseph Lents’ Boca Raton home for five years. So far, they have been unsuccessful because he has legally fought them every step of the way.

The original lender, or the assignee, seems unable to [...]

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Secretary Paulson Prepared Remarks in Orlando, Florida

by Moe Bedard

December 17, 2007
HP-740

 

Orlando, Fla. – Good afternoon. Thank you, Congressman Feeney and thanks to all of you for joining me to discuss the current housing market.
After years of unsustainable home price appreciation and an abundant supply of easy credit, the U.S. housing market is experiencing an inevitable downturn. Here in Orlando, house prices increased by [...]

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