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· Recent, significant changes in Florida’s law of foreclosure. The bill also outlines the liability of a person who wrongly claims to be the holder of a note or entitled to enforce a lost.
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If the court finds that the foreclosed property was worth more than the note balance on the sale date, the court will not give the mortgage lender a deficiency judgment against the borrower. A 2013 Florida statute gives the mortgage lender one year after the foreclosure sale to file a motion for deficiency.
Florida Supreme Court Sides with Bank in Foreclosure Fraud Case. Pino alleged the bank submitted a fraudulent mortgage assignment and scheduled depositions with employees of the bank’s law firm.
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National City Bank (W.D. Pa.) On January 9, 2014, the court entered a consent order in Consumer Financial Protection Bureau & United States v. National City Bank (W.D. Pa.), an Equal Credit Opportunity Act and Fair Housing Act case that resulted from a joint investigation by the Division and the CFPB. PNC Bank is the successor in interest to.
Florida Safe Harbor provision limits association Assessments Due From Subsequent Non-Mortgage Holder Purchaser by Roy Diaz in Resources The Fourth District Court of Appeals (“Fourth DCA”) recently affirmed the lower Court’s holding which extended the safe harbor protection provided under the Florida homeowners association statute [i] , to.
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Civil Court Cases When you sue someone for damages, such as in an assault or defamation suit, you are engaging in a civil court action. The legal justice system is divided into two main courts.