Entries by Toby Tobin

NEW Old Kings Road Opens to Traffic

An improved and realigned 1.6 miles of Old Kings Road between State Rd 100 and Town Center Pkwy opened last night without fanfare. Palm Coast, FL – May 1, 2010 – In Palm Coast, Florida, an improved and realigned 1.6 miles of Old Kings Road between State Rd 100 and Town Center Pkwy reopened last night without […]

Air Conditioning Equipment: Repair or Replace?

If you’re deciding whether to repair or replace central air conditioning equipment, assess the quality of your house’s ductwork and insulation first. Palm Coast, FL – April 30, 2010 Article From Houselogic.com By: Oliver Marks Published: December 04, 2009 If you’re deciding whether to repair or replace central air conditioning equipment, assess the quality of […]

Who Owns Your Mortgage? What Happens if They Can’t Prove it?

What happens when foreclosing lenders can’t prove they own the mortgage and note? One law firm allegedly solves the problem by fabricating missing documents.  Palm Coast, FL – April 29, 2029 – What happens when foreclosing lenders can’t prove they own the mortgage and note*? One Tampa law firm allegedly solved the problem by fabricating […]

Mortgage Fraud Continues to Climb According to LexisNexis(R) Mortgage Asset Research Institute

Florida, New York and California Top List of States with Highest Mortgage Fraud and Misrepresentation Rates.lncidents of Mortgage Fraud Increase 7 Percent from 2008 to 2009. Palm Coast, FL – April 27, 2010   NEW YORK, April 26 – [PRNewswire] – Reported incidents of mortgage fraud and misrepresentation by professionals in the mortgage industry in the U.S. are […]

Jacksonville Sting Nabs Unlicensed Home Improvement Contractors

Thirty-one unlicensed contractors were advertising on the Internet and Craig’s List. Warrants have been issued for others. Palm Coast, FL – April 27, 2010 – Florida’s Department of Business and Professional Regulation (DBPR) has arrested thirty-one people, one a minor, who placed ads for regulated home repair services on Craig’s List. The problem is that they weren’t […]

Upcoming Foreclosure Sales in Palm Coast and Flagler County

Only 30% of the residential properties scheduled for foreclosure sales in the next two weeks are homesteaded Palm Coast, FL – April 26, 2010 – The Flagler County Clerks of Courts office will be busy during the next two weeks. About 75 real estate properties are scheduled to be sold as a result of foreclosure […]

Credit Ratings Failed to See Rising Risk in Mortgage Products

Although the credit rating agencies were aware of increased levels of mortgage fraud and lax underwriting, they did not factor that credit risk into their models. Palm Coast, FL – April 23, 2010   Source: E Credit Daily [April 23, 2010] The dominant credit rating agencies used risk models that turned out to be inaccurate, […]

New-home Sales Rise Fastest in 47 Years

The South saw the biggest jump in new home sales, up 43.5%, while the Northeast region saw sales climb 35.7%. Palm Coast, FL – April 23, 2010   By Chavon Sutton: CNN Money.com [April 23, 2010] NEW YORK (CNNMoney.com) – New home sales improved in March at the fastest single-month rate in 47 years, according […]