Tag Archive: pam bondi

Jun 24

Lawsuit vs. Lenders

If banks cannot come to an agreement with at least two Attorneys General (Illinois and North Carolina) regarding their role in the foreclosure crisis, a lawsuit will be forthcoming. A multi-billion dollar fine and a principal reduction or writedown plan for current homeowners has been discussed by the federal government, including the U.S. Justice Department, …

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Apr 27

More Foreclosure Officials Suffer Credibility Problems

Slammed by a financial crisis created by greedy financial institutions, homeowners are quickly finding new foes to blame for their continued suffering: Foreclosure fighters in government positions who have a tendency to sell out. To date, the Federal Reserve has found no wrongful foreclosures, the FBI says there’s no proof of financial crimes regarding the …

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Apr 11

Florida Foreclosure Gloom Continues in 2011

“Existing home sales plunged nearly 10 percent in February to their lowest level in nine years…And new home sales are on track to come in at just 250,000 this year, the fewest since the Kennedy administration, when there were 120 million fewer people in the United States.” Journalists are reporting in on February’s foreclosure statistics, …

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Nov 10

Lenders, Servicers, & Attorneys All Under Scrutiny

While most lenders are attempting to move past the foreclosure review they went through, the  paperwork problems have already consumed several of their business partners and most government investigations have barely started.

Nov 03

Politicians Still Looking for Foreclosure Solutions

Politicians Still Looking for Foreclosure Solutions So far foreclosure hearings are still being canceled in large amounts in Florida as elsewhere, as banks are forced to review thousands of foreclosures for bad paperwork. This has resulted in select cases being thrown out, but mostly has cast many struggling borrowers deeper into limbo as it becomes …

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