State Details Foreclosure Chaos – “Unfair, Deceptive and Unconscionable Acts in Foreclosure Cases”

January 14, 2011 Posted by kingcade

The state attorney general’s office recently gave a 98-page presentation detailing Florida’s foreclosure chaos at a conference for the Florida Association of Court Clerks and Comptrollers. The presentation included copies of allegedly forged signatures, false notarizations and witnesses. It also focused largely on assignments of mortgage, documents that transfer ownership of mortgages from one bank to another. One example in the presentation, noted a signature by someone named Linda Green and was said to appear on hundreds of thousands of mortgage documents from dozens of banks and mortgage companies, but in varying styles.

The presentation entitled, “Unfair, Deceptive and Unconscionable Acts in Foreclosure Cases,” stands as one of the first examples of what the state has compiled in its exploration of foreclosure malpractice, holding banks, mortgage servicers and law firms accountable for contributing to the foreclosure crisis by cutting corners.

To read more on this story, please visit:
http://www.palmbeachpost.com/money/real-estate/state-details-foreclosure-chaos-1164504.html

If you have any questions on the topic of foreclosure please feel free to contact foreclosure defense attorney, Timothy Kingcade at (305) 285-9100. You can also find useful consumer information on the Kingcade & Garcia, P.A. website at www.miamibankruptcy.com.

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