A Miami Gardens woman is facing the loss of her home of 15 years through foreclosure due to a startling amount of mortgage fraud and it seems as though the foreclosing entity doesn't care. Despite a mountain of evidence of mortgage fraud including the mortgage broker who handled the homeowners refinance has been convicted of, and is serving a 11-year sentence for, grand theft and has an additional 16 counts of mortgage fraud pending; the closing agent operated an illegal title company believed to have stolen $1.5 million from South Florida homeowners from 2005-2007; Florida Default Law Group, one of the "foreclosure mills" being investigated by the Florida Attorney General, is the firm prosecuting the foreclosure action, law enforcement officers are scheduled to evict the family next week.
This whole ordeal started when the mortgage broker, an associate of BlueKap Financial Group, paid an unsolicited visit to the homeowner telling her that he could give her a hassle-free refinance, allowing her to take $50,000 of equity out of her home to help her during the period of time she was looking for a nursing job. The mortgage broker, using a fraud scheme he and his associates employed many times, used an inflated appraisal and a "straw buyer" to take $230,000 of false equity out of the house before giving the promised $50,000 to the unknowing homeowner. Now the homeowner is on the hook to Deutsche Bank for the full amount of the mortgage, $303,000, though the home is currently appraised at $98,310.
In July, the case was transferred to the new Miami-Dade "rocket docket" from the civil division, where it had spent the previous three years. In August the case was transferred to a Section 50 court, where cases open longer than two years are placed, and the new judge granted Deutsche Bank summary judgment effectively ending the case. The homeowner stated that during the 15-minute summary judgment hears that the judge did not allow her or her attorney to get in a word of defense.
If you are facing a Florida Foreclosure Lawsuit and you feel that you may have been a victim of mortgage fraud, contact a Jacksonville Foreclosure Defense Lawyer or a Florida Foreclosure Defense Lawyer today to have your case reviewed.
