Success Stories

Talk about a holiday gift! Another great job by the Loan Lawyers team and another house saved. This client received an immediate and permanent reduction in principle of over $241,000 representing an approximately 70% principle reduction.

The interest rate went from 9.9% to 2.375% for 5 years then 3.375% for the next 24 years. Notice that this was not a new 30 or 40 year term, but the remaining term under the loan.

The payment went from $2,097.39 to $467.32 for principle and interest. That equates to an almost 80% reduction in payments. Short of a mortgage that gets wiped out, it just doesn’t get any better than this. There’s no guarantee that anyone would get a result such as this, but to have a fighting chance, you need a law firm that knows how to fight.

If you are trying to choose a lawyer in Florida to represent you in your foreclosure proceedings, wouldn’t you want the firm with the reputation as fighters on your side? Call today for your free consultation with one of our foreclosure lawyers at one of our offices located in Broward, Miami-Dade, or Palm Beach counties.

Clients retained our services in October 2010 to assist them in the defense of their foreclosure lawsuit. After exploring multiple loss mitigation options, the homeowners wanted to sell the property in a short sale. After multiple issues we were able to over come, cancelling the sale for the seventh time seemed to pose a huge challenge as the clients only needed an additional two weeks to close. Not only were we able to overcome the sale date, but the clients were able to successfully close in the short sale transaction and Plaintiff filed their Motion to vacate the final judgment and dismiss the foreclosure lawsuit today.

Client came to us with a “standard” foreclosure action. Original Plaintiff, BAC Home Loans Servicing filed their initial complaint which included only one court for foreclosure. However, several months later, the Plaintiff sought leave to substitute the party Plaintiff to Bank of America and amend the complaint to include a reformation of mortgage count. We specifically denied the reformation relief in our Answer and Affirmative Defenses, to which Plaintiff did not file a response.

The case proceeded to trial and almost no objections were made by the Defendant. Without much fight, all the proffered exhibits were entered into evidence. Strategically, this worked in the client’s favor, as this threw opposing counsel off and the Plaintiff failed to put into evidence anything regarding the reformation. After resting, the Court granted the Defendant’s Motion for Involuntary Dismissal based on a failure to reform the legal description in the Mortgage. More specifically, the Trial Court found that the Plaintiff’s witness admitted that the legal description was incorrect and refused to reform or grant a foreclosure on the “wrong” property.

Plaintiff attempted a motion for rehearing, which was denied. Finally, Plaintiff appealed to the 4th DCA. The crux of their argument consisted of a prior agreed order amending their complaint which included the language of correct legal description. While this agreed order was never raised at trial, it still presented a unique issue on appeal – could the appellate court correct the reformation issue because the Defendant technically “agreed” to what the correct legal description is. Thankfully, we were able to distinguish this scenario and show the Appellate Court that raising this issue for the first time on appeal and not at trial was improper while also persuading the Appellate Court to agree that the agreed order does not change Plaintiff’s burden to prove the reformation count.

While we can probably expect another foreclosure attempt down the road, for the time being the client defeated the Plaintiff at trial, successfully defended their appeal and presently is not in foreclosure.

I was in trial last week against Wells Fargo for a foreclosure case. There were 90 foreclosure cases set for trial last week. The bank made the standard offer to everyone that if you agree to the foreclosure, they will allow the homeowner to stay in the house for another 90 days. Believe it or not, I was the only lawyer who turned the deal down and actually went to bat for my client. Why don’t more lawyers go trial on these cases?

I thought the trial went well. Wells Fargo put their witness on the stand and she did not hold up under cross-examination. I had her eating right out of my hand. We had several defenses in this case. First that the Notice of Acceleration was defective. I always fight hard to keep these out of evidence. The witness admitted that she has no knowledge about the department that sends those letters out. In my head I was dancing for joy because without this knowledge, the letter should not come in to evidence. Much to my surprise the court allowed it into evidence. He also allowed the records from the prior servicer into evidence after the witness testified that she had no knowledge of the record keeping practices of the prior servicer and that she was not their record custodian. The judge admitted it was a problem but allowed it into evidence anyway. I was definitely surprised by that ruling.

We also argued that the mortgage was defective because it was missing the paragraph that said that the mortgage was securing a debt. The bank actually had a count to reform their mortgage in their complaint but they failed to introduce any evidence of this whatsoever. The court acknowledged the fact that they failed to meet that burden. I want to find more trials for reformation of mortgage because the homeowners should be able to win most of them. Often the bank that is trying to foreclose is not the originating lender. In order to reform the mortgage, the court must find that the two original parties made a mutual mistake. Some servicer that is second or third down the line will not have personal knowledge of what the original lender intended.

Ultimately the court did not rule on the trial. The judge wanted time to review everything to make his decision. Meanwhile, I have a bunch more trials coming up in the next two months.

If you are in foreclosure and have a foreclosure trial coming up, get a trial lawyer on your side now before its too late. There are some great defenses to beat the bank, but you need to find a lawyer that knows how to try a case. Our foreclosure lawyers offer free consultations in Broward, Miami-Dade, and Palm Beach counties.

Clients, husband and wife, came to our firm with just 3 weeks left before having to leave their home with their children. With having had their home already sold to the Bank, having the title of their home also now in the Bank’s name, and a Motion for Writ of Possession with no-where to go, the clients were hopeless. Our RESPA team immediately began to investigate and found that clients were involved in a loan modification, which after having taking over their loan a new servicer chose to ignore. With each passing month clients found the amount on their monthly statements swelling to larger than the month before it. Needless to say their modification in fact was not honored by the new servicer and the new servicer elected to sell the clients’ home at foreclosure auction. We discovered a litany of violations, and immediately sent a Notice of Error pursuant to RESPA’s §1024.35, to both the new servicer and the counsel representing them in the foreclosure action filed against clients. Within 3 days the Bank, cancelled the writ of possession hearing, filed a motion to vacate the sale, and final judgment, dismiss the foreclosure case, and revert the title to the clients’ names. Additionally, the clients are now being reviewed for modification at the same terms they were once approved prior to the fiasco, which almost left them homeless had G-D not brought them to Loan Lawyers to find and fight for their rights under the law.

Had a great trial yesterday against Citibank with a great result for our client in foreclosure. I had my 7 year old son with me, so maybe he was my good luck charm. While preparing for trial, I was not thinking that I had a great chance.

On of the necessary elements to obtain a foreclosure judgment is the bank needs to prove that the properly accelerated the mortgage by sending a letter to the borrower that contains all of the necessary elements. In this case, I realized during my cross examination of the witness that they made a huge blunder and send the notice to Unit #4 but my client lives in Unit #15. They were unable to prove that the notice was sent to the right address. Second, their letter stated that the outstanding late fees were $205.60. When I pressed the witness, she was unable to substantial this amount. She was only able to come up with $123.00 in late fees. She did not know where the additional amount in the letter came from. So, they had two major problems with their acceleration letter. First, they could not prove that it was sent to the correct address and second, they could not prove that the amount of the default as stated in the letter was accurate. Sounds pretty good right? Well it gets better.

The bank attorney showed the witness the proposed final judgment of foreclosure which stated the outstanding principle balance was $307,000 (roughly). The witness testified that she verified those numbers and they were accurate. During my cross examination, I confronted the witness with the payment history that was printed out last month that showed the principle balance was actually $268,000 (roughly). The bank was at a loss on how to explain this. It got ugly for the bank at this point. The bank attorney objected to my questioning because she alleged that I was badgering the witness. The judge disagreed and said that I was asking appropriate questions in the foreclosure trial.

The judge then turned to the bank and said (I am paraphrasing): “Your case has just gone down in flames. I am not telling you what to do, but you may want to consider dismissing this case because your proof is a disaster.” The bank asked for a recess and 30 minutes later they came back and dismissed their case rather than risk getting an adverse judgment.

I think the best part of this was the fact I overheard that one of the bank attorney laughing as I started questioning the witness. She was no longer laughing once she figured out where my questions were leading.

The moral of the story is that if you are facing foreclosure in Florida, you need a lawyer that knows how to fight and who knows how to win a trial. At Loan Lawyers, our lawyers are trained to fight the banks and have the experience and knowledge to get it done right. We offer free consultations for foreclosure defense in Broward, Miami-Dade, and Palm Beach. Don’t let the banksters roll over you, know your rights and fight back!

What a crazy day in last Thursday’s foreclosure trial in Broward County. Fortunately, our foreclosure attorneys won the trial. We went to trial against BSI Financial Services servicing the loan for some trust. The foreclosure trial lasted the entire day. Our foreclosure lawyers had the bank’s witness on the stand for hours. The loan is currently being servicing by BSI Financial Servicing. There were two prior loan servicers for this loan, Marix Servicing and Specialty Loan Servicing. BSI took over servicing well into the foreclosure process. The case was tried on two issue, standing and acceleration.

Anytime there is a new loan servicer that took over after the loan went into default, the homeowner gains some advantage in the foreclosure because of complex evidentiary issues that I will not get in to here. Suffice it to say that it is a good thing from a trial perspective. In this case, I thought the testimony was going very well for us and the court would keep the documents out of evidence. Much to my surprise, the court was allowing the prior loan servicer’s records into evidence. I thought the foreclosure trial was lost at that point, but it only motivated me to try harder.

Well, I kept chipping away at the witness, getting more and more testimony that was helpful to my client. The bank kept digging their hole deeper and deeper. In fact, by the time I got done with the witness, SHE ADMITTED THAT SHE COULD NOT ATTEST TO THE ACCURACY OF THE AMOUNT THEY CLAIM WAS OWED. Truth be told, I had more cross-examination to go, but once she admitted this, it was time to sit down. Cross examination is an art and the questions you don’t ask are more important than the questions you do ask.

The bank finally rested its case with all of its foreclosure documents into evidence. I asked the court to revisit her rulings that allowed the documents in. She revisited the ruling, reversed herself, and took out the documents from evidence. What a score! She then entered a final judgment in our favor. What a roller coaster of a day. I switched between thinking we were losing and then winning and losing again, then winning again. At the end, we won, and that’s all that counts. Score another for the good guys.

If you are facing a foreclosure trial, do not go at it alone or with an attorney who does not know how to win these cases. Also, don’t wait to hire a lawyer until the trial is set. You have to make sure that all of the right defenses have been been raised and they have been properly preserved. I had a client recently who came to me a few weeks before trial and he did not have the right defenses. This is a problem.

Call us today to schedule your free consultation in Broward, Miami-Dade, or Palm Beach with one of our foreclosure lawyers.

Previously I have written about a client who came to us with a judgment and sale from 5 years ago. We vacated both against him. Oddly enough we are still fighting for him. However, that fight may have just come to an end. So here is the latest: I filed an omnibus motion to dismiss. I went after the Bank for a multitude of issues including merger, lack of subject matter jurisdiction, no personal jurisdiction, etc. The judge granted my motion but actually included in the order a right for the Plaintiff to file an amended Complaint. The Judge gave the Bank this right even though they never even requested it. Needless to say I was truly upset but with time, I waited. To my amazement the Bank filed a motion for extension of time, and a motion for rehearing. Rather than file a response I kept pushing and stayed on the Bank. We set the motion. The judge was livid that the Bank was requesting an extension after all this time to amend the Complaint. However, the Judge gave the Bank two days to file their amended complaint. Ladies and gentlemen, the Bank simply did not file anything. As such, I pray that this chapter of the saga is finally closed.

I had a foreclosure trial today in Broward County. We were scheduled to start the trial at 9 AM. Much to my chagrin, there were about 50 cases set for trial at that time. Uggg. I don’t think that any lawyer said they were going to trial except for me. I told the judge the trial will take several hours. I had to wait until she cleared out all of the other cases so we could get the trial going. After waiting about two hours, I asked the judge if she would entertain my case for just a few moments because I had a motion to make that would eliminate the need for trial today if the court granted the motion. The judge agreed.

I asked the judge to strike the bank’s witness list and force them to proceed to trial with no witnesses. I pointed out that the order setting the trial required the bank to disclose their witnesses to me at least 30 days before trial. The order stated that the court would require strict compliance with the order and if either party did not follow the order, the court may strike pleadings, default a party, or any other remedy. The problem for the bank is that they did not follow the order. I did not receive the trial order until the day before the trial, not thirty days before the trial. As if that was not bad enough, the witness list had 26 different witnesses for the bank. I argued that there was no way that I could prepare for a trial when I get a list of 26 witnesses a day before the trial.

The judge asked for a response from the bank. They did not have much to say because the facts are the facts. They told the judge they would allow me to talk to the witness in the hallway to see what she would testify to. The judge asked me if that was sufficient. I explained that would not suffice. I do extensive research into the banks’ witnesses and I always try to find other trial transcripts or deposition transcripts and I would be denied the opportunity to do that.

The judge was rather frustrated with the bank at that point. She found that the bank violated the court order and that my client was prejudiced. So, she granted my motion and struck their witness list forcing them to trial without any witnesses. So, the bank dismissed the case! Not too bad.

Here’s the moral of the story, the banks and their lawyers make many mistakes and if you have a lawyer that knows how to spot those mistakes and assert your rights, you have a better chance of beating the bank. At Loan Lawyers, our lawyers are litigators. That means we go to court, we take depositions, and we go to trial if we don’t reach a settlement with the bank. We have helped thousands of clients over the years. Loan Lawyers is large enough to have the resources to fight your foreclosure and sue the bank to assert your rights, but small enough to give your case the attention it deserves.

Call Loan Lawyers today to schedule a free consultation with a foreclosure attorney today in Broward, Miami-Dade, or Palm Beach. Offices in Plantation / Fort Lauderdale, Delray Beach, North Miami Beach, and Coral Gables. (844) 344-4813