Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
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Short Sales On The Rise; Banks Offering Incentives to Borrowers


Borrowers can avoid this exit with a short sale!

For 5 years now we’ve been a huge champion of the short sale. We’ve been banging and banging away at the banks because they didn’t share our opinion.

There has long been an institutional reluctance among our nation’s lenders to embrace the short sale, but it appears they are finally coming around.

According to Corelogic’s most recent numbers, short sales accounted for 9 percent of all residential transactions last November.

In January of 2008, they represented only 2 percent. That’s a 350% increase in the amount of homes sold at short sale.


It may have taken them a while, but the banks are finally letting go of the arcane notion that foreclosing on a delinquent borrower is always the best option for them.

The short sale has and will always be a much better alternative for the banks. In many cases, when modification isn’t an option, a short sale is better for the existing homeowners as well.

It’s good for the banks because it’s the fastest way to bring down their massive backlog of foreclosures.

Now that more and more foreclosures are lingering in the courts, banks now realize its the simplest way to get these homes back on the market, sometimes in just a few months.

They may not get back the full value of the home but their losses are about 15 percent less than if the home was foreclosed on, according to Bloomberg News.

It’s good for the borrower because they can walk away, legally, with little or no debt at all. Some banks are even offering cash incentives, as much as $35,000 in some cases, to entice homeowners to sell back their homes.

It’s win-win! In fact, it’s better than that. It’s win-win-win! The stress, the headaches, the months and years of inaction, can be put to bed with a short sale.

A short sale, in short, is quite simple. A distressed homeowner can sell the bank their home for less than what they originally owe. Banks will often agree to not go after a deficiency judgment if borrowers agree to a short sale.

JP Morgan, who approves about 5,000 short sales a month, is giving the largest incentives, but more and more lenders are now agreeing to them.

There’s a ripple effect here that’s good for everyone. The seller gets to leave foreclosure hell once and for all, and can get money to help them transition into a rental and start fresh.

A new family gets to buy the home at a nice discount, and the neighbors don’t have to live next to an abandoned home or deal with having a non-caring faceless entity, namely the banks as their neighbor.

The lawn guy, the bug guy get back to work, and the new owners buy new furniture, new drapes, and suddenly the economy is bouncing back!

Banks might have thought foreclosing was the right idea. It wasn’t then, it isn’t now, and it will never be.

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John Lewis
Once again, I ask myself the question, who is 'Ann' and who does she represent:

in part:

"In reality, Srbui Muradyan works for Bank of America in California. On many other mortgage assignments, Muradyan’s name appears as the preparer and the address for Muradyan is 450 E. Boundry Street, Chapin, SC - the address of Corelogic, one of the newest and largest document preparers in the country. (See Assignment of Mortgage, Book 2011, Page 13758, Pottawattamie County, Iowa - available through a Google search.)

Muradyan’s signature is always notarized in Ventura County, CA."  {Quote from Fraud Digest - 02/12/2012
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John Lewis
Ann: According to Corelogic’s most recent numbers, short sales accounted for 9 percent of all residential transactions last November."

read the entire post! 
ps I meant this to be the first part of my post:
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John Lewis

?is it me or ??? can Attorney Roy Oppenheim provide any details, ie case no etc, that he or his firm has represented and argued in any florida court?  if yes then just call me crazy k?

"Winning! Roy Oppenheim's South Florida Law Blog Wins Best of Blogs Award from Sun-Sentinel

Dedicated to giving homeowners the latest trends and tips in Florida real estate and foreclosure defense, Oppenheim Law's South Florida Law Blog wins Best Business and Technology Blog at the Sun-Sentinel's Best of Blogs Awards

FORT LAUDERDALE, Fla., -- Focused on issues of the people and produced for the people, Oppenheim Law's South Florida Law Blog was picked by the people as one of South Florida's elite. People want to know what's happening "from the trenches" in real estate and Attorney Roy Oppenheim reports it, no holds barred.

South Florida voted, and The South Florida Law Blog came out on top in the category of Best Business and Technology Blog in the 2nd Annual Sun-Sentinel Best of Blogs Awards.

Discussing topics like Florida foreclosure defense, homeowners' rights, real estate tips and trends, and the economy, Oppenheim Law's foreclosure defense attorneys interpret the latest news and translate what it all means to today's homeowner.

"Our readers and comments drive The South Florida Law Blog and this award is a reflection of their support," said Oppenheim Law real estate and foreclosure defense attorney Roy Oppenheim.

Recent headlines include fresh topics like "Deficiency Judgments Haunting Return, Jason Lives Once Again," "Budgetary Hardball Almost Forces Court Closures: Courts' Reliance On Foreclosure Fees Exposed" and "Foreclosure Auctions are not eBay or Child's Play. Novice Investors Beware!"

Over the past year, The South Florida Law Blog has broken down issues like South Florida home sales, national mortgage fraud, America's job markets, and all the developments in foreclosure defense and short sales to help homeowners take advantage of these trends in areas the banks and the government clearly cannot.

"Homeowners need to be aware of how all of these trends can impact their greatest investment," Oppenheim said. "We look forward to continuing to provide legal insight and practical analysis into these topics that greatly affect South Florida."

Oppenheim Law is one of the leading Florida real estate and foreclosure defense law firms, founded in 1989. The firm has a 9.6 out of 10 rating from AVVO, the world's largest legal directory, as well as the highest rating (A-V) conferred by Martindale Hubbell Law Directory, the most respected directory of lawyers and law firms in the U.S."

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John -


This is a piece of news. Treat it like any news. It is happening in Florida. People are walking away from their homes with cash in their pocket and avoiding deficiency judgment which could destroy their future.


May not be a good option for some people. Each case is different.





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