Erick Trivedi Mortgages Law Blog

When do lenders default in their obligations?  Although there are many instances of default only one is discussed here - I am focusing on a scenario which i believe is increasing in frequency.

Has your lender indicated to you that you should stop paying your mortgage before being considered for any loan modification or mitigation?  If so, attempt to get this in writing and then visualize this scenario.

An overworked judge looking at an ocean of forelcosures is... Read More

The Florida Legislature anticipated that many title agencies, real estate profesionals and loan profesionals e.g. mortgage brokers and real estate brokers would supplement their business by helping distressed homeowners.  In light of the complaints recieved by the Attorney General's office regarding persons whom were swindled, cheated or just misguided, the legislature reacted with the passing a new Unfair and Deceptive Trade Practice.

Essentially, this new law prohibits... Read More