A $12 million settlement was reached in a lawsuit filed by the Federal Trade Commission against National Foreclosure Relief Inc. A $60 million lawsuit was filed in October by California’s attorney general against US Loan Auditors. In Florida, the U.S. Department of Justice announced that Peter James Porcelli II was sentenced to prison and hit [...]
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Costly Litigation for Foreclosure Firms
December 11th, 2010 
davidguide 
Posted in Business Loans 
Tags: California, Commission, Costly, Federal, federal trade commission, Firms, Florida, Foreclosure, foreclosure relief, Lawsuit, Litigation, National, national foreclosure, Peter James Porcelli II, porcelli, settlement, Trade, U.S. Department, US 
Comments OffTexas Pete® Tailgate Tour to Capture Gators vs. Gamecocks Game Day Experience for FSN’s Gridiron LIVE, Facebook and YouTube
November 13th, 2010 davidguide GAINESVILLE, Fla.–(BUSINESS WIRE)–The Texas Pete® Flavor of Football Tailgate Tour team is on the road this week at the Florida vs. South Carolina football game, handing out free samples of Texas Pete® hot sauce at tailgate parties. View full post on Press Release – Retail Stories
Posted in Corporation Tags: Business, Capture, Experience, Facebook, Fla., Flavor, Florida, Football, football game, football tailgate, FSN's, GAINESVILLE, gainesville fla, Game, Gamecocks, Gators, Gridiron, LIVE, Pete, Pete®, South Carolina, south carolina football, Tailgate, tailgate parties, Texas, Tour, WIRE, YouTube Comments OffJudicial Foreclosures Hinder Florida Recovery
November 5th, 2010 davidguide In the last year or so, California’s housing market, though still weak, has begun recovering, while Florida’s remains on the critical list. Many experts say on key reason is the approach to foreclosure. California keeps things less complicated and largely outside the courtroom, making it easier for banks to seize and resell homes. Florida, like [...]
Posted in Business Loans Tags: approach, Banks, California, courtroom, critical list, Florida, Foreclosure, Foreclosures, Hinder, Housing, housing market, Judicial, list, market, reason, Recovery, year Comments OffFlorida Foreclosure Crisis
September 26th, 2010 davidguide U.S. Rep. Alan Grayson has asked the Florida Supreme Court to stop all foreclosures being handled by three major law firms under investigation by the Florida Attorney General. At issue are questions about slipshod paperwork practices involving thousands of cases. The three Florida-based law firms represent about 80 percent of foreclosure proceedings in the state. [...]
Posted in Business Loans Tags: Alan Grayson, Attorney General. At, Court, Crisis, Florida, florida attorney general, florida supreme court, Foreclosure, foreclosure proceedings, investigation, issue, law, law firms, Rep, Supreme, U.S. Comments OffHard money Florida
September 2nd, 2010 davidguide Great Expectations of Borrower Banking institutions are regarded as the leading and predominant contributors of loan money for quite a long time. Getting a loan sanction from a bank, however, will not be an effortless process. It is time consuming and calls for a lot of red tape and paperwork. It is an open secret [...]
Posted in Business Structures Tags: application approvals, Business, Florida, Franklin Karr, Hard, hard money lender, hard money lenders, jumbo loans, lender, Loan, loan schemes, Miami, Money, property, time Comments OffResidential Hard Money Lenders
August 11th, 2010 davidguide It would be an understatement to say that the decline in the real estate market changed the lending environment. Lenders who used to allow stated income loans no longer offer them, or they may claim to offer them but decline 99% of the stated loan submissions offered. This is extremely bad for investors who have [...]
Posted in Business Structures Tags: conventional lender, debt to income ratios, estate, Florida, full time real estate, Hard, hard money lender, investment, investor, lender, Lenders, Michael, Money, rehab, Residential, residential hard money lender, ROI Comments Off
