The Home Equity Theft Reporter: Florida Supremes Send Shivers Thru Bankster Community; Kibosh Sneaky Effort To Buy Out Of Robosigning Litigation By Settling Case With Homeowner

Professional Communities. The home equity theft prevention Act (HETPA), effective as of February. properties and to reconvey them to the homeowners at a future date.. It is therefore important in many cases to be prepared to establish to the. Lexis.com may purchase this entire expert commentary.

NYS Home Equity Theft. equity. To provide homeowners with information they need. regarding the sale or transfer of their home to an. who wants to purchase the home as an. CONSULT AN ATTORNEY OR COMMUNITY ORGANIZATION.. repurchase the home the purchaser must buy out the.

The Home Equity Theft Prevention Act (HETPA, NY RPL 265-a) is a New York State law passed on July 26, 2006, to provide homeowners of residential property with information and disclosures. Once an equity seller cancels the contract by sending the cancellation form or otherwise indicating such an intention, the equity.

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In Tallahassee, Florida, Sunshine Slate reports: In a split ruling likely to send shivers through the mortgage banking community , the Florida Supreme Court ruled Thursday that it will hear a case involving alleged "robo-signing" by a major mortgage lender even though parties in the individual case settled and asked that the case be dismissed .

(a) The legislature finds and declares that homeowners who are in default on their. or in some cases even sign away their homes, through the use of schemes. or transfer of his or her home to an equity purchaser; to require that the sales. and encourage fair dealing in the sale and purchase of homes in foreclosure or.

In a split ruling likely to send shivers through the mortgage banking community, the Florida Supreme Court ruled Thursday that it will hear a case involving alleged "robo-signing" by a major mortgage lender even though parties in the individual case settled and asked that the case be dismissed.

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