Judges lash out at land trusts, call attempts to cancel mortgages meritless

Kimberly Miller, Palm Beach Post A South Florida company that persuaded scores of troubled Palm Beach County homeowners to give up their property deeds is facing more legal problems as state and federal judges challenge its plan to help borrowers beat the bank. In three recent court decisions, the firm’s actions were condemned. Fidelity Land […]

Florida Land Trust Victims Might Be Screwed

Kimberly Miller, Palm Beach Post For some, it was the last hope to keep their homes and so they listened to the pitch rather than their gut. They paid thousands of dollars, deeded their homes to a land trust company, and waited for the payout — a canceled mortgage, lower monthly payments, regained equity in […]

See I Told You Land Trust Were Scams

Florida AG files suit against land trusts, calling business unfair and deceptive Kimberly Miller, Palm Beach Post The assets and operations of several South Florida land trust companies, related firms and their owners were frozen by the state attorney general’s office Tuesday in a complaint claiming they made promises to struggling homeowners they can’t fulfill. […]

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