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FICO, the leading provider of consumer credit scores conducted a study and found: All in all, we saw: The magnitude of FICO® Score impact is highly dependent on the starting score. There’s no significant difference in score impact between short sale/deed-in-lieu/settlement and foreclosure. While a score may begin to improve sooner, it could take up…

Recently I was interviewed on a radio program about the foreclosure crisis and our role in helping those being sued by banks. Here’s the link to the audio:http://rightsradio.com/foreclosure-process-inside-story-why-banks-are-slow-to-foreclose/ Evan M. Rosen Rosen & Rosen, P.A. 4000 Hollywood Blvd, #725-S Hollywood, FL 33021 954-981-1852(Phone) 954-981-4610(Fax) www.rosenandrosen.com

"They are not going to sell on the market for much more than a few thousand dollars, and our costs in marketing those properties and preserving them generally exceed the costs," he says. "So the economics of the transaction make sense as well as the intent of the land bank to reduce supply and stabilize…

““The best-case scenario is we don’t get back to normal levels of foreclosure activity until 2015, which means the housing market recovery gets delayed by at least a year,” says Rick Sharga, a senior vice president at RealtyTrac.” 1 Million Foreclosures Delayed Until 2012.

I read a letter posted in The Florida Bar News a couple weeks ago and something hit me; I had to respond.  Below is my response, which was published in the September 1st Edition of the Florida Bar News.  Also, further below, is a link to the actual publications of both my letter and the…

"Thirty-one percent of home sales in the second quarter were on properties in some stage of foreclosure or sold by the bank, according a report released by RealtyTrac. That’s up from 24% at the same time last year." http://www.marketwatch.com/story/foreclosures-make-up-31-of-home-sales-2011-08-26 Evan M. Rosen Rosen & Rosen, P.A. 4000 Hollywood Blvd, #725-S Hollywood, FL 33021 954-981-1852(Phone) 954-981-4610(Fax)…

washingtonpost.com Evan M. Rosen Rosen & Rosen, P.A. 4000 Hollywood Blvd, #725-S Hollywood, FL 33021 954-981-1852(Phone) 954-981-4610(Fax) www.rosenandrosen.com NOTICE: The information contained in this electronic mail transmission is intended by, Rosen & Rosen, P.A. for the use of the named individual or entity to which it is directed and may contain information that is privileged…

“There have been so many flaws in mortgages that it’s been an unmitigated disaster,” Chief Executive Officer Jamie Dimon said in a conference call… “We just really need to clean it up for the sake of everybody. And everybody is going to sue everybody else, and it’s going to go on for a long time.”…

On the basis that they were not given the property 60 days notice required by the federal Worker Adjustment and Retraining Notification Act (WARN), a federal magistrate has recommended about 1,000 former employees of attorney David Stern’s foreclosure processing company be allowed to sue a class in a lawsuit. US District Judge Ursula Ungaro will…

http://www.ag.ny.gov/online_forms/email_ag.jsp Evan M. Rosen Rosen & Rosen, P.A. 4000 Hollywood Blvd, #725-S Hollywood, FL 33021 954-981-1852(Phone) 954-981-4610(Fax) www.rosenandrosen.com