2012 PR Releases . Investors Reject Obama mortgage bailout proposal townhall.com | Dec 28, 2012 A long-rumored plan for the Obama Administration to facilitate federal purchases of underwater mortgages has begun taking shape, and a familiar story has emerged: investors and markets aren’t fans of the idea.

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By matt taibbi. november 10, 2010 2:35 PM ET The foreclosure lawyers down in Jacksonville had warned me, but I was skeptical. They told me the state of Florida had created a special super-high-speed housing court with a specific mandate to rubber-stamp the legally dicey foreclosures by corporate mortgage pushers like Deutsche Bank and JP Morgan Chase.

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If you have a mortgage on your home and you are behind in your payments, Be sure to keep copies of all letters and notices; do not throw them out!. original note prior to filing the foreclosure case against you or that they have. name, and the name of the Plaintiff (lender) as it appears on the Summons.

Lead class plaintiffs michael and Jayme Brunkhorst claim the lenders and brokers that sold them an option ARM mortgage [.], touted the minimum payment and downplayed or failed to disclose the negative amortization that could result from making such payments, according to the suit filed Feb. 17 in U.S. District Court.

Similar Reports of Association Theft in Both Coasts on Same Day Send Message to Boards of Directors Everywhere Reports of association theft, fraud and embezzlement are no surprise to the south florida community association attorneys at our firm, but two similar reports on the same day from communities on both the east and west coasts of the.

Under Florida law, the tax lien holder can foreclose if the homeowner doesn’t pay the bill with interest and fees within two years, but aren’t allowed to contact them about the matter until then. Most people will eventually pay off the debt rather than risk losing their homes.

But according to the same documents, JP Morgan didn’t even receive the mortgage from Novastar until February 2nd, 2009 – two months after it had supposedly passed the note along to Bank of New York. Such rank incompetence at doctoring legal paperwork is typical of foreclosure actions, where the fraud is laid out in ink in ways that make it.