Blogs

Reversing a Judgment After Nine Years

Sometimes consumers are sued by the big credit card companies, such as Visa or MasterCard or American Express. Sometimes the credit card companies decide to sell the debt and write it off as a loss on ...
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1 in 3 Americans Have Debt

Roughly one in three adult Americans have a past-due debt that's been turned over to a collection agency, according to a novel new study. The following is based on records shared with researchers ...
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A Victory over Purchase Debt

People are often sued by credit card companies or banks but frequently, especially if the debt is old enough, debts might get sold off to another company. These companies are commonly called ...
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Inherited IRA

In a decision bound to have far reaching implications, the Supreme Court of the United States resolved a near decade-long split amongst circuit courts: Are inherited IRA funds protected in bankruptcy? ...
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Record Breaking TCPA Class Action

Often banks and debt collectors break the law on a regular basis, but its nice to see when justice is served when they get caught. In what may be the largest payment to settle an action brought ...
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How Countrywide Created 3.5 Million Fraudulent Loans

At Loan Lawyers, LLC we consistently do research. Over this past holiday weekend I encountered this wonderful article from Bob Massey. I was very impressed. Here is the substance of it: on "OCT ...
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Did your lender send you a defective Notice of Acceleration or Notice of Default pursuant to paragraph 22 of your mortgage

Invalid notice of acceleration or notice of default In most mortgages, paragraph 22 requires the bank to send you a notice of acceleration or notice of default prior to filing a foreclosure action ...
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The US government sues Wells Fargo for reckless lending practices

US sues Wells FargoThe US goverment has sued Wells Fargo for causing the taxpayers of this great country millions of dollars because of Wells Fargo's reckless lending practices. Under the FHA loan ...
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Ask and You Shall Receive

On January 10, 2014, new mortgage servicing rules went into effect under Regulation X and Regulation Z, the implementing regulations of the Real Estate Settlement Procedures Act ("RESPA") ...
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JPMorgan whistleblower gets $63.9 million in mortgage fraud deal

A whistleblower will be paid $63.9 million for providing tips that led to JPMorgan Chase & Co's agreement to pay $614 million and tighten oversight to resolve charges that it defrauded the ...
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Sorry, Wrong Number...

Recently, the United States Court of Appeals for the Eleventh Circuit made a significant ruling regarding the Telephone Consumer Practices Act ("TCPA"), which prohibits the use of automatic ...
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One of the most common issues I see clients about is their student loans

One of the most common issues I see clients about here at Loan Lawyers is their student loans. Having had to borrow money to go through law school myself—I understand the weight such a large ...
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Short sales overtake foreclosure sales nationwide

A short sale in Broward, Miami-Dade, or Palm Beach may be the way to go. Short sales are catching on and for the first time there are more short sales than foreclosure sales as reported by ...
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SHORT SALES VS DEED IN LIEU

What happens at a Conciliation Conference? Written by Calisha Francis Conciliation is a non-mandatory phone conference between the attorneys of the lenders and borrowers, held in order to reach a ...
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To Mod or Not to Mod

If only I had the opportunity to modify the banking system, I would not know where to begin. I hear enough horrifying stories on a daily basis that would enable me to create a mini series titled ...
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"To Modify, Or Not To Modify, That Is The Question..."

While there are a sizeable number of our cases which go to trial and we win, people may feel that unless their cases have some signs of fraud or disingenuous lending practices they hear about on ...
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The Sword in the Stone

In the shadows of the rising sun, which would later become the revelation of the most powerful tool in the arsenal against "dual tracking [1] ," a small number of lawyers were pining away ...
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Loss Mitigation Mediation Program

Effective April 1, 2013, the United States Bankruptcy Court for the Southern District of Florida entered an Administrative Order implementing the Loss Mitigation Mediation program, commonly referred ...
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do not fall for a foreclosure relief scam

I found this on the Consumer Financial Protections Website. As a member of the Loan Lawyers Team, I am proud to say this article deals specifically with what we fight against, daily (source: ...
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A Modification by Any Other Name

The following is an excerpt from the continued reading we at Loan Lawyers, LLC are involved with. A forbearance agreement is an option that is being used by many homeowners these days in order to ...
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Misconceptions; Bringing Light to Modification Myths

While I was in court one day, I was approached by an older polite Caribbean woman. She was seeking clarity and understanding regarding the matter that had summoned her to the courthouse. Her ...
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What happens if a homeowner fails to respond to a Foreclosure Complaint

The Foreclosure process starts when the bank or lender files complaint in court against you. They would then either hire a private process service or the local sheriff’s office to serve you with ...
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