Attorney General Bondi Takes Action to Stop Foreclosure Fraud
TALLAHASSEE, Fla.—Attorney General Pam Bondi today filed a court action to stop a group of non-lawyers operating an illegitimate foreclosure defense and loan modification...
Obama Signs Grayson Bill Protecting Veterans From Foreclosure
President Barack Obama has signed into law the Senate companion of Congressman Alan Grayson’s (D-FL09) “Servicemember Foreclosure protections Extension Act of 2015,” which protects veterans from having their homes foreclosed on for one year after their return from active duty. This protection had elapsed at the end of 2015. The “Foreclosure Relief and Extension for Servicemembers Act of 2015” (S. 2393) extends the protection for two years.
Senate Version of Grayson Bill Protecting Veterans from Foreclosure Passes House
The House of Representatives today passed the Senate companion of Congressman Alan Grayson’s (D-FL09) “Servicemember Foreclosure protections Extension Act of 2015,” which protects veterans from having their homes foreclosed on for one year after their return from active duty. This protection had elapsed at the end of 2015.
City of Tampa to Host Foreclosure Workshop
On Wednesday, February 10th, HOPE NOW, City of Tampa’s, Housing and Community Development Division, Housing & Education Alliance, CDC of Tampa Inc., Tampa Bay CDC and Neighborhood Home Solutions will host a foreclosure workshop to help homeowners in need of services that will help with home retention
Floridians to Receive More Than Six Million Dollars in SunTrust Settlement
Attorney General Pam Bondi announced that more than 4,000 Florida borrowers are receiving checks this week from SunTrust Mortgage as part of a multistate settlement. Florida’s share of the settlement payments is second in the nation only to Georgia. The 2014 settlement with SunTrust Mortgage Inc. by Attorney General Bondi, 48 other states, the District of Columbia and the Federal government required Suntrust to provide $550 million in various forms of relief to homeowners, including a $40 million fund for payments to certain borrowers who lost their homes to foreclosure.
LAW FIRM RESCUES HUNDREDS OF HOAS AND CONDOMINIUMS IN FLORIDA RECOVERING $125M FOR NOT-FOR-PROFIT...
Association Law Group (ALG), one of Florida’s leading HOA and condominium law firms with offices in Miami and Ft. Lauderdale, has recovered close to $125,000,000 for its clients in past due maintenance fees and other liabilities since the recession first began. During the peak of the financial crisis, many HOAs and condominiums found themselves in desperate times as delinquencies skyrocketed and owners stopped paying their maintenance fees, in many cases abandoning bad investments they made, while leaving the rest of the homeowners in such properties holding the bag
Lee County Housing Market Continues Climb and to Show Signs of Stability
The Median Sale Price of single-family homes has continued to climb compared to March of this last year. It has increased 18.9% year over year for the month of March to $219,938
Attorney General Pam Bondi Reaches $550 Million Joint State-Federal Settlement with SunTrust to Address...
TALLAHASSEE, Fla. - June 18, 2014 - (RealEstateRama) -- Attorney General Pam Bondi today announced a $550 million joint state-federal settlement with mortgage lender and servicer SunTrust Mortgage Inc. to address mortgage origination, servicing, and foreclosure abuses.
Attorney General Bondi and OFR Commissioner Breakspear Announce $2.1 Billion State-Federal Settlement with Ocwen...
TALLAHASSEE, Fla. - December 19, 2013 - (RealEstateRama) -- Ocwen Financial Corporation of Atlanta, Georgia, and its subsidiary, Ocwen Loan Servicing, have agreed to a $2.1 billion joint state-federal settlement with Attorney General Bondi, 48 additional states, the District of Columbia, and the Consumer Financial Protection Bureau. The settlement resolves allegations of mortgage servicing misconduct by Ocwen and two companies later acquired by Ocwen, Homeward Residential Inc. and Litton Home Servicing LP. Ocwen specializes in servicing high-risk mortgage loans.
Attorney General Bondi’s Office Sues Tampa Law Firm for Foreclosure Rescue Operation
ALLAHASSEE, FL - August 8, 2013 - (RealEstateRama) -- Attorney General Pam Bondi’s Office today sued Tampa lawyer Eric Mader, alleging he ran a nationwide foreclosure-rescue operation that charged illegal fees and failed to provide promised assistance to consumers. Some of the allegations include that Mader and his firm, Mader Law Group, lured consumers with websites mimicking government sites, misrepresented that consumers would be enrolled in government assistance programs or could get loan modifications from lenders, and charged fees for services never rendered. Mader allegedly offered refunds to some consumers only if they would withdraw their complaints about him to the Florida Bar, which regulates lawyers.
More Than 72,000 Floridians Who Lost Homes to Foreclosure Will Receive $1,480 Checks
TALLAHASSEE, FL - June 5, 2013 - (RealEstateRama) -- Attorney General Pam Bondi announced today that more than 72,000 eligible Floridians who lost their homes due to foreclosure between 2008 and 2011 and who submitted valid foreclosure claims through the national mortgage settlement will receive checks this month for approximately $1,480. The $1,480 payment amount is uniform for all eligible claimants throughout the country. To be eligible, borrowers must have lost their homes to foreclosure between Jan. 1, 2008 and Dec. 31, 2011, suffered certain foreclosure abuses, and had mortgages serviced by Ally/GMAC, Bank of America, Citi, JPMorgan Chase or Wells Fargo. This direct relief provided to eligible claimants is one of the facets of the $26 billion settlement entered last year between 49 state attorneys general, the federal government and the nation’s five largest mortgage servicers
Attorney General Pam Bondi’s Statement on National Mortgage Settlement Servicing Standards
TALLAHASSEE, FL - May 7, 2013 - (RealEstateRama) -- Attorney General Pam Bondi released the following statement regarding the National Mortgage Settlement Servicing Standards
Senator calls for more scrutiny of Florida’s program to help homeowners avert foreclosure
TALLAHASSEE - March 28, 2013 - (RealEstateRama) -- Florida’s senior U.S. senator has called on President Obama’s special inspector general to investigate mismanagement and inaction by Florida officials administering the state’s $1 billion share of federal mortgage assistance money, as disclosed in a recent newspaper account.
Attorney General Pam Bondi’s Statement on the Senate Subcommittee’s Plan for National Mortgage Settlement...
TALLAHASSEE, FL - March 27, 2013 - (RealEstateRama) -- Attorney General Pam Bondi released the following statement on the Senate Subcommittee on Transportation, Tourism and Economic Development’s draft legislation regarding more than $200 million in National Mortgage Settlement funds.
CONGRESSWOMAN FREDERICA WILSON URGES HOMEOWNERS TO ATTEND FREE “Help For Homeowners” event TO STOP...
Miami, FL - February 26, 2013 - (RealEstateRama) -- Congresswoman Frederica Wilson (FL-24) and the U.S. Department of Treasury are hosting a “Help For Homeowners” event on Wednesday, February 27 and Thursday, February 28 to enable struggling homeowners to meet one-on-one with mortgage company officials and housing experts to receive free advice and assistance
Attorney General Bondi Announces that $60 Million of the National Settlement Funds Are Available...
TALLAHASSEE, FL - January 18, 2012 - (RealEstateRama) -- Attorney General Pam Bondi announced today that $60 million of the national mortgage settlement with the nation’s five largest mortgage servicers will now be available to provide additional assistance to Floridians. Attorney General Bondi’s proposal to help Floridians, which was approved by the Legislative Budget Commission today, includes the following:
Attorney General Bondi Urges Qualified Borrowers Who Lost Homes to Foreclosure to Submit Claims...
TALLAHASSEE, FL - January 11, 2012 - (RealEstateRama) -- Attorney General Pam Bondi reminds eligible Florida borrowers that the January 18, 2013, deadline to file a claim for payment under the national settlement is fast approaching. To date, approximately half of the people to whom notices have been sent have not yet filed claims. Eligible borrowers include those who lost their homes to foreclosure between Jan. 1, 2008 and Dec. 31, 2011 and had mortgages serviced by Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo
Florida CPA Sentenced for Role in Foreclosure Scheme
December 10, 2012 - (RealEstateRama) -- Barrington Coombs, 58, of Weston, Fla., was sentenced today to serve a year and a day in prison for his role in a foreclosure rescue scheme that victimized desperate homeowners on the brink of losing their homes, the Justice Department announced. Coombs was sentenced by U.S. District Judge Kenneth A. Marra in the Southern District of Florida
Attorney General Bondi Reminds Qualified Borrowers Who Lost Homes to Foreclosure to Submit Claims...
TALLAHASSEE, FL - November 29, 2012 - (RealEstateRama) -- Attorney General Pam Bondi reminds Florida borrowers who lost their homes to foreclosure between Jan. 1, 2008 and Dec. 31, 2011 and who may be eligible for payment under the $25 billion national mortgage foreclosure settlement to file claims by Jan. 18, 2013.
Congresswoman Wilson Connects Homeowners with Federal Foreclosure Assistance Programs
MIAMI, FL - October 23, 2012 - (RealEstateRama) -- Congresswoman Frederica Wilson (D-Fla.) will hold a foreclosure prevention workshop on Wednesday, October 24, 2012, from1:00pm to 8:00pm at The Fountain of New Life Church, 4601 NW 167th Street, Miami Gardens, Florida 33055, where Reverend Wayne Lomax is the pastor. The foreclosure prevention workshop will educate homeowners, facing foreclosure, about the many local, state and federal programs designed to help homeowners hang on to their homes. Many of these programs have expiration dates and Congresswoman Wilson wants to make sure that South Floridians take full advantage of them, whether you are unemployed, underemployed or a Veteran facing foreclosure