Real Estate On Tap

Judge Bailey Lays Down The Gavel

Sending A Message

Miami-Dade Circuit Court Judge Jennifer Bailey sent a message to every  lender who presupposes that simply being owed money by a borrower is enough to circumvent laws, orders or anything else that under any other circumstances would simply not be tolerated in a court of law.

Eslava vs. HSBC

The substance of the case was this:  A borrower was looking to his lender for a loan modification to make payments more affordable.  Essentially unable to come to terms, the lender’s motion to foreclose was granted … but, HSBC (the lender) lost the note.  Because of this, the court mandated that the lender post a bond to avoid any issues from another lender filing a claim against the borrower. Read the rest of this entry »

Tags: florida default, foreclosure, lawsuit, loan mod, loan modification, short sale