Entries by Toby Tobin

Palm Coast Replaces One Flawed Stormwater Ordinance with Another

After nearly three years, Palm Coast still can’t get it right. Legal precedent, fairness, logic, and truth were cast aside. What happens next? Palm Coast, FL – March 3, 2011 – After nearly three years trying to come up with a fix for their admittedly defective stormwater ordinance, Palm Coast City Council finally approved a […]

2010 Local Housing Market Reports–Fourth Quarter

Every housing market is unique. These Local Market Reports provide insights into the fundamentals and direction of the nation’s largest metropolitan housing markets. Palm Coast, FL – March 2, 2011 – Every housing market is unique. These Local Market Reports (LMRs) — which reflect data available through 4th Quarter 2010 — provide insights into the fundamentals […]

14 Indicted in Sarasota Real Estate Flipping Fraud Case

Former real estate agent Craig Adams and a group of associates allegedly defrauded banks of $47 million by flipping properties for overstated prices, fooling lenders into writing inflated mortgages. Palm Coast FL – March 1, 2011 Fourteen people are now facing federal charges in what law enforcement officials described Friday as the largest mortgage fraud […]

Pending Home Sales Decline in January

Pending home sales eased moderately in January for the second straight month, but remain 20.6 percent above the cyclical low last June, according to the National Association of Realtors®. Palm Coast, Fl – February 28 – Pending home sales eased moderately in January for the second straight month, but remain 20.6 percent above the cyclical […]

Florida Attorney General Sets Sights on Foreclosure Law Firm

The Fort Lauderdale-based law firm is being investigated for allegedly ”fabricating or presenting false and misleading documents in foreclosure cases,” Palm Coast, FL – February 27, 2011 Ben-Ezra & Katz, the Florida-based foreclosure default law firm that laid off hundreds of staff after Fannie Mae pulled its business, is now the subject of an investigation […]

U.S. House Republicans Move to End Foreclosure Aid Programs

”These programs may have been well-intentioned but they’re not working and, in reality, are making things worse.” Palm Coast, FL – February 25, 2011 U.S. House Republicans plan to move forward with bills that would end anti-foreclosure programs put in place by the administration of President Barack Obama, saying they are doing more harm than […]

MERS Rights Upheld in Largest Foreclosure State

An appellate judge in California last week upheld the rights of the Mortgage Electronic Registration Systems to the deed of trust, giving MERS the right to foreclose, according to court documents. Palm Coast, FL – February 24, 2011 An appellate judge in California last week upheld the rights of the Mortgage Electronic Registration Systems to […]