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: The Home Equity Theft Reporter

Florida Judge Sticks Standing-Lacking Lender With $30K Tab For Homeowner's Legal Bill After Booting Case

By r morris

In Loxahatchee, Florida, The Wall Street Journal reports:Israel Machado's foreclosure started out as a routine affair. In the summer of 2008, as the economy began to soften, Mr. Machado's pool-cleaning business suffered and like millions of other Americans, he fell behind on his $400,000 mortgage.But Mr. Machado's response was unlike most other Americans'. Instead of handing his home over to the

Full post as published by The Home Equity Theft Reporter on October 05, 2010 (boomark / email).