February 12, 2010

FLORIDA MOVES TOWARD RESOLUTION OF SECURITIZED MORTGAGES

See FLSC new RULES First, rule 1.110(b) is amended to require verification of mortgage foreclosure complaints involving residential real property. The primary purposes of this amendment are (1) to provide incentive for the plaintiff to appropriately investigate and verify its ownership of the note or right to enforce the note and ensure that the allegations …

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Debt Validation Letter– Creditor or Collector?

the bailout and insurance money was paid not to the investors or the borrowers, it was paid to the investment bankers who never were at risk. I’m beginning to think that the ultra-sophisticated investors have some dog in this race that prevents them from entering the foreclosure market directly to recover or settle their investments …

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Notice of Intent to Preserve Interest in California and Other states

Submitted was a form reciting the legal description of the property and citing California Civil Code Title 5, Sections 880.340 and 800.350. As in other documents that can be prepared for homeowners it is only as good as the willingness of the county recorder’s office to accept and record it. And it doesn’t do much …

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