An instructive case of what appears to be foreclosure fraud was recently heard by the Florida 4th District Court of Appeals (West Palm Beach) in Pino v. Bank of New York Mellon. I have personally defended similar cases many times. BNY Mellon filed an action to foreclose a mortgage against...
Foreclosure Fraud In Florida
In Florida, in order to foreclose on your property, the owner of the mortgage (plaintiff) must file a lawsuit. At an early stage in the foreclosure action, the plaintiff will ordinarily file an application (motion) for a ‘summary judgment’ stating that the facts are not in dispute and judgment must...
Foreclosure Defense And The Value Of Time
How Did This Happen? I doubt that you planned to be sued in foreclosure. Most likely, you planned for your home or other real estate to be a primary investment. Unfortunately, the economy didn’t cooperate. Or, in a world of constantly rising real estate prices, you kept borrowing against imagined...