All across Florida foreclosure filings are on the rise. A recent article regarding Lee County, on the west coast of Florida which includes the city of Fort Myers, illustrates this point. The Clerk of the Court there, the infamous Charlie Green, known from his disparaging remarks against “deadbeat” homeowners, stated…
In a recent study, according to AARP: • About 600,000 people who are 50 years or older are in foreclosure. • About 625,000 in the same age group are at least three months behind on their mortgages. • About 3.5 million — 16 percent of older homeowners — are underwater,…
This week there were two pressing stories of note. One pertained to comments by David Stockman, the former director of the Office of Management and Budget under the Reagan administration, who has been extremely vocal and critical of our unsustainable spending and national debt. In the video, which you can…
In a recent letter by the Illinois Bankers Associations (IBA) to its state supreme court, the association makes it clear that it understands the issue asserted by lawyers such as myself “that many if not most mortgage notes which conform to the fixed requirements of Fannie Mae and Freddie Mac…
In a recent short, but well written piece in Bloomberg, author and former Wall Street insider William D. Cohan lays out a brief modern history of Wall Street’s continued criminal activity. After being caught red handed at each turn, we are always told, “Don’t worry, we’ve learned that lesson, and…
The Florida Supreme Court issued an opinion addressing mandatory e-mail service on Thursday, June 21, 2012, with an effective date of July 1, 2012. Apparently that was not nearly enough notice for some firms and a corrected opinion and correction notice were issued a week after the initial opinion revising…
As an attorney representing ordinary people, seeking justice and fairness, against our nation’s largest financial institutions, I find myself only getting more and more motivated over the years. Certainly, videos and interviews like this only fan the flame. Please watch this. The analogy Matt Taibbi makes about half way through…
Amazing article from Matt Taibbi, here: http://www.rollingstone.com/politics/news/the-scam-wall-street-learned-from-the-mafia-20120620 Here are the highlights: “”Even though some aspects of municipal bond finance are complex, the fraud here was simple,” she told the jurors. “It was about lying and cheating cities and towns in a bidding process that was in place to protect them.”…
E-mail service will be mandatory for attorneys practicing in the civil, probate, small claims, and family law divisions of the trial courts, as well as in all appellate cases, when the rule amendments take effect on July 1, 2012. Florida’s Rule of Civil Procedure 1.080, which requires service of every…
In the latest news, on the heals of GMAC Mortgage/Ally Financial/ResCap filing for bankruptcy just a few weeks ago, another major mortgage servicer filed this week, Franklin Credit. The saying "karma is a bitch" comes to mind. However, unfortunately, those responsible for these failures and the failures of our economy…