Florida Foreclosure Fraud

Foreclosure scams take many forms. But there are several signs that, either together or by themselves, should serve as a warning to the homeowner that fraud may be in the works. In the next several posts, I’ll identify several of these warning signs and why they are indicators of fraud. First up: Transfer of Title. [...]

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According to New York foreclosure law attorney Scott Lanin, a foreclosure fraud law passed earlier this year in New York has driven many legitimate buyers out of the foreclosure buyers’ market. Says Scott: I have personally seen investors run scared and leave homeowners in a lurch. Many people want to sell their properties to end [...]

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The Federal Trade Commission has issued an advisory to consumers that identified the red flags that warn you of a possible foreclosure rescue scam: If you’re looking for foreclosure prevention help, avoid any business that: guarantees to stop the foreclosure process – no matter what your circumstances instructs you not to contact your lender, lawyer, [...]

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On October 12, 2007, a group of Florida homeowners filed suit against Safe Harbour Foundation, Silverstone Lending, and several other defendants, alleging that they ran a foreclosure rescue scam designed to steal their homes and their home equity through fraudulent lending, illegal and usurious interest rates, and illegal kickbacks. The homeowners are represented by attorney [...]

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