Polk Law Blog

Commentary from Polk County, Florida attorney Kemp Brinson

Tag: foreclosure

Judge Cancels Residential Mortgage

Read all about it at the Daily Business Review out of South Florida. Here’s what happened. The law requires a lender to produce the actual, original promissory note to foreclose on a mortgage. Because of the way mortgages are bought and sold these days, quite often the bank can’t do that because it has been [...]

New Foreclosure “Rescue” Law To Take Effect Oct. 1

My take: Good law, but I’m not sure the problem being addressed really exists any more.  I have a story for you… John and Sally Smith face foreclosure on their $150,000 mortgage. One day, while dropping their kid off at school and heading to work, they see a sign: “In Foreclosure? We can help! Call [...]