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	<title>The Ticktin Law Group - The lawyers you want between you and your problems</title>
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		<title>Banks, States Close To Deal On Mortgages</title>
		<link>http://www.legalbrains.com/2012/01/27/banks-states-close-to-deal-on-mortgages-2/</link>
		<comments>http://www.legalbrains.com/2012/01/27/banks-states-close-to-deal-on-mortgages-2/#comments</comments>
		<pubDate>Fri, 27 Jan 2012 21:14:03 +0000</pubDate>
		<dc:creator>sbellina</dc:creator>
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		<description><![CDATA[A $25 billion settlement by major banks and U.S. states over questionable foreclosure practices in the housing crisis is nearing completion. Five big banks — Bank of America (BAC), JPMorgan Chase (JPM), Wells Fargo (WFC), Citibank (C) and Ally Financial &#8230; <a href="http://www.legalbrains.com/2012/01/27/banks-states-close-to-deal-on-mortgages-2/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[A $25 billion settlement by major banks and U.S. states over questionable foreclosure practices in the housing crisis is nearing completion.<br /><br />

Five big banks — Bank of America (BAC), JPMorgan Chase (JPM), Wells Fargo (WFC), Citibank (C) and Ally Financial (formerly GMAC) — and U.S. states are &#8220;very close,&#8221; Housing and Urban Development Secretary Shaun Donovan said Wednesday.<br /><br />

Separately, two officials briefed on internal discussions say a proposed deal could be announced in weeks. Negotiators are finalizing a draft of the agreement, which must be reviewed by state attorneys general. Under the deal, banks would pay states and the federal government, which would fund programs to compensate homeowners.<br /><br />

Talks have dragged on more than a year between major U.S. banks and state attorneys general about foreclosures completed without all the paperwork done properly.<br /><br />

In October 2010, major banks temporarily suspended foreclosures following revelations of widespread deceptive foreclosure practices by banks. That has backlogged millions of foreclosures that must be cleared before the housing market can fully recover.<br /><br />

A settlement would be for privately held loans, not ones held by Fannie Mae (FNMA) or Freddie Mac (FMCC).<br /><br />

<a title="Banks, States Close To Deal On Mortgages " href="http://news.investors.com/Article/598243/201201191743/Banks-States-Close-To-Deal-On-Mortgages.htm">Go to article &gt;</a>

&nbsp;]]></content:encoded>
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		<title>Floridians in Foreclosure falling farther behind in mortgage payments</title>
		<link>http://www.legalbrains.com/2011/11/04/floridians-in-foreclosure-falling-farther-behind-in-mortgage-payments/</link>
		<comments>http://www.legalbrains.com/2011/11/04/floridians-in-foreclosure-falling-farther-behind-in-mortgage-payments/#comments</comments>
		<pubDate>Fri, 04 Nov 2011 19:48:37 +0000</pubDate>
		<dc:creator>ewilson</dc:creator>
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		<guid isPermaLink="false">http://www.legalbrains.com/?p=860</guid>
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		<title>Foreclosure Foreshadow</title>
		<link>http://www.legalbrains.com/2011/10/17/foreclosure-foreshadow/</link>
		<comments>http://www.legalbrains.com/2011/10/17/foreclosure-foreshadow/#comments</comments>
		<pubDate>Mon, 17 Oct 2011 17:04:02 +0000</pubDate>
		<dc:creator>sbellina</dc:creator>
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		<title>The Foreclosure Crisis in America Today</title>
		<link>http://www.legalbrains.com/2011/10/05/the-foreclosure-crisis-in-america-today/</link>
		<comments>http://www.legalbrains.com/2011/10/05/the-foreclosure-crisis-in-america-today/#comments</comments>
		<pubDate>Wed, 05 Oct 2011 17:30:25 +0000</pubDate>
		<dc:creator>sbellina</dc:creator>
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		<description><![CDATA[TJ Walker and Legal Attorney Peter Ticktin discuss the issue of foreclosure rates on homes across the country.]]></description>
			<content:encoded><![CDATA[<p><span style="color: #333333; font-family: Georgia, 'Times New Roman', serif; font-size: 14px; line-height: 28px;">TJ Walker and Legal Attorney Peter Ticktin discuss the issue of foreclosure rates on homes across the country.</span></p>

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		<title>Lawyer: $50 Million Cassadee Pope Lawsuit &#8220;Is Being Filed to Fix the Industry&#8221;</title>
		<link>http://www.legalbrains.com/2011/07/25/lawyer-50-million-cassadee-pope-lawsuit-is-being-filed-to-fix-the-industry/</link>
		<comments>http://www.legalbrains.com/2011/07/25/lawyer-50-million-cassadee-pope-lawsuit-is-being-filed-to-fix-the-industry/#comments</comments>
		<pubDate>Mon, 25 Jul 2011 20:02:52 +0000</pubDate>
		<dc:creator>sbellina</dc:creator>
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		<description><![CDATA[Although Hey Monday vocalist Cassadee Pope is only five weeks shy of her 22nd birthday, she&#39;s racked up more legal trouble than most people see in a lifetime. We recently reported on the $50 million&#160;lawsuit&#160;filed by her managers for six &#8230; <a href="http://www.legalbrains.com/2011/07/25/lawyer-50-million-cassadee-pope-lawsuit-is-being-filed-to-fix-the-industry/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p>Although Hey Monday vocalist Cassadee Pope is only five weeks shy of her 22nd birthday, she&#39;s racked up more legal trouble than most people see in a lifetime. <span id="more-813"></span>We recently reported on the $50 million&nbsp;<a href="http://blogs.browardpalmbeach.com/countygrind/2011/07/hey_monday_cassadee_pope_50_million_lawsuit.php">lawsuit</a>&nbsp;filed by her managers for six years, Driven Entertainment Group, and have since discussed the proceedings with both sides.<br />
<br />
As it turns out, Pope filed a civil suit back in April of 2008 with the help of Miami lawyer Richard Wolfe to exit the contract she signed with Driven&#39;s Dominick and Tammi Centi and to dissolve her band Blake. The lawsuit argues that the contract was invalid because the Centis were not licensed and that the contract was not court-approved. These are claims vehemently denied by the Centis&#39; current lawyer, Peter Ticktin, and that suit is still pending.&nbsp;&nbsp;<br />
<br />
As for the current legal brouhaha, we decided to gather why this is happening now and spoke to both sides.&nbsp;<br />
<br />
<a name="more"></a>Wolfe unfortunately was not keen on saying much on the record aside from issuing&nbsp;New Times&nbsp;a prepared statement.</p><blockquote>In 2008, Cassadee Pope sued Driven Productions to declare the management contract between them invalid. Driven Productions secured a long-term contract from Ms. Pope that violated Florida state law and the Centis compounded that misconduct by failing to obtain court approval of any lawful relationship with her. That lawsuit is still pending before the Broward court with dispositive motions on file. This new lawsuit is redundant and an attempt by the Centis to get headlines by suing innocent third parties.&nbsp;</blockquote><p>He did, however, add that another one of his clients, Mike &quot;The Situation&quot; Sorrentino fromJersey Shore, was also&nbsp;<a href="http://www.tmz.com/2011/07/08/mike-the-situation-sorrentino-lawsuit-sued-for-firing-managers-gotham-nyc-entertainment-jersey-shore-marc-sorrentino-brother/">sued for dissolving a relationship with his manager</a>&nbsp;on the very same day. &quot;Sorry, Charlie, he didn&#39;t have a license either,&quot; Wolfe said.<br />
<br />
As for the Centis, Deerfield Beach-based Ticktin was quite eager to discuss the matter. Regarding the timing of this current suit: &quot;We wanted to wait as long as possible for a couple of reasons. One was that Cassadee Pope was just starting out four years ago with Columbia Records. We thought that if we filed the lawsuit at that time that it could cause her career to get ruined. That wouldn&#39;t have done any good for her or us. It made sense for us to wait to see if she had an opportunity to prosper.&quot;<br />
<br />
Regarding the $50 million in damages: &quot;This is being filed to fix the industry. We are letting Sony know that if they conduct themselves in this way, they&#39;re going to pay huge amounts. Anyone who Sony decides to hurt, they have no conscience, and they will hurt.&quot;<br />
<br />
Centi added these remarks:</p><blockquote><p>We managed Cassadee for 6 years up until we negotiated the Columbia contract with both Columbia&#39;s attorney and Cassadee&#39;s attorney in late 2007. At that same time, at age 18, Cassadee signed a management agreement with us, extending the agreement to 5 more years. Things were progressing, as they always did each year prior. We always saw advancement year after year and 2007 brought us a quantum leap.</p></blockquote><p>Here is the full reply from the Centis&#39; lawyer, Ticktin:</p><blockquote><p>It makes no difference that Driven was not licensed as a talent agent at the time that Driven or the Centis signed Cassadee Pope.&nbsp;</p></blockquote><blockquote><p>It is true that it is not permissible to act as a talent agent for more than one act unless one is licensed.&nbsp; However, it is not true that the Centis or Driven had more than one act.&nbsp; I think that Mr. Wolfe is confusing the idea of representing more than one person with more than one &quot;act.&quot; Blake was a band that was part of the same act, as Cassadee was part of the band. In fact, the band was named &quot;Blake,&quot; which is Cassadee&#39;s middle name.</p><p>Wolf also claims the contract that was signed with Cassadee was not court-approved. This is simply not relevant. There was no need for any such approval. It is what lawyers call a &quot;Red Herring.&quot;</p><p>Originally, Cassadee and her parents signed as she was under 18 years of age.&nbsp; In 2007, when Cassadee was already 18, she re-signed with Driven Entertainment Group.&nbsp;</p><p>In any event, just in case there is any confusion as to the interference with the contractual relationship, there can be no question that these officious interlopers, on behalf of Columbia Records/Sony, interfered with the &quot;advantageous business relationship&quot; between the Centis and Cassadee.&nbsp; The wrong that they committed is egregious, and is going to be redressed.&nbsp; It is going to take more than the sharp tactics of a top notch lawyer who is great at splitting hairs to get these giant exploiters off the proverbial hook.&nbsp;</p>In fact, I understand that this type of underhanded client stealing is rampant in the music business. &nbsp;It is time that the industry learn that it will be costly to act unconscionably.</blockquote><p><br />In spite of the legal action, both Ticktin and Dominick Centi were quick to note that Cassadee Pope is a &quot;talent&quot; and that much of the blame for this legal action falls upon her record label, as well as Sony&#39;s Jay Harren, and Ozone&#39;s Brett Disend, who, according to court documents, &quot;told [Pope] that if she wanted to get her record deal with Sony, that she needed to leave the Centis behind completely, and terminate the agreement.&quot; Lori Pope, Cassadee&#39;s mother, is also named in the suit.<br />
<br />
In spite of his own stake in the legal proceedings, Centi acknowledges that the average Hey Monday fan isn&#39;t likely to care about this lawsuit at all.&nbsp;&quot;We expect her fans to only appreciate her talent, just as we do,&quot; he says. &quot;I can very easily remember being a young music fan. All that mattered was the artist and their music. We hope her fans continue to enjoy her music and shows and that the already strong bond between Cassadee and her fans continues to grow stronger.&quot;</p>]]></content:encoded>
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		<title>Foreclosure fraud investigators forced out at attorney general&#8217;s office</title>
		<link>http://www.legalbrains.com/2011/07/18/foreclosure-fraud-investigators-forced-out-at-attorney-generals-office/</link>
		<comments>http://www.legalbrains.com/2011/07/18/foreclosure-fraud-investigators-forced-out-at-attorney-generals-office/#comments</comments>
		<pubDate>Mon, 18 Jul 2011 15:09:45 +0000</pubDate>
		<dc:creator>sbellina</dc:creator>
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		<description><![CDATA[A lead foreclosure fraud investigator for the state said she and a colleague were forced to resign from the Florida attorney general&#39;s office, unexpectedly ending their nearly yearlong pursuit to hold law firms and banks accountable.By&#160;KIMBERLY MILLERPalm Beach Post Staff &#8230; <a href="http://www.legalbrains.com/2011/07/18/foreclosure-fraud-investigators-forced-out-at-attorney-generals-office/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p>A lead foreclosure fraud investigator for the state said she and a colleague were forced to resign from the Florida attorney general&#39;s office, unexpectedly ending their nearly yearlong pursuit to hold law firms and banks accountable.</p><p><span id="more-797"></span>By&nbsp;<a href="http://www.palmbeachpost.com/services/staff/kimberly-miller-18121.html">KIMBERLY MILLER</a></p><p>Palm Beach Post Staff Writer</p><p>Updated: 6:38&nbsp;p.m.&nbsp;Wednesday,&nbsp;July&nbsp;13,&nbsp;2011 |&nbsp;Posted: 10:06&nbsp;p.m.&nbsp;Tuesday,&nbsp;July&nbsp;12,&nbsp;2011</p><p>Former Assistant Attorney General Theresa Edwards and colleague June Clarkson had been investigating the state&#39;s so-called &quot;foreclosure mills,&quot; uncovering evidence of legal malpractice that also implicated banks and loan serv icers.</p><p>&nbsp;</p><p>Despite positive performance evaluations, Edwards said the two were told during a meeting with their supervisor in late May to give up their jobs voluntarily or be let go. Edwards said no reason was given for the move.</p><p>&quot;It all happened very abruptly,&quot; said Edwards, who had worked in the attorney general&#39;s office for about three years.</p><p>The foreclosure investigations were launched under former Attorney General Bill McCollum, but Edwards said she sensed changes were coming under Gov. Rick Scott and Attorney General Pam Bondi.</p><p>&quot;I think they wanted to put people in there that were more in line with their thinking,&quot; Edwards said.</p><p>Bondi&#39;s press secretary said Tuesday that foreclosure investigations are still open and are being personally led or supervised by Division Director Richard Lawson.</p><p>&quot;The division has made these investigations a top priority and will continue to actively pursue all of our investigations into foreclosure law firms,&quot; said Jennifer Krell Davis.</p><p>But Edwards said she was given no time to brief anyone on the investigations and that there were notes that had yet to be transcribed and filed.</p><p>Davis said she could not comment on personnel issues when asked about the nature of the resignations.</p><p>On May 20, Edwards said she and Clarkson were summoned together to a meeting at 3:30 p.m. and told by Robert Julian, then the South Florida bureau chief for the Economic Crimes Section of the attorney general&#39;s office, that they had the opportunity to resign or would be let go immediately. They turned in nearly identical resignation letters that day.</p><p>&quot;We had absolutely no idea it was coming,&quot; said Edwards, who in an April 22 performance review she provided to The Palm Beach Post was praised by Julian.</p><p>&quot;During this interim period, Ms. Edwards has, along with another attorney, achieved what is believed to be the first settlement in the United States relating to law firm foreclosure mills,&quot; the review says. &quot;Her work has been instrumental in triggering a nationwide review of such practices.&quot;</p><p>The Fort Lauderdale-based Law Offices of Marshall C. Watson agreed to pay $2 million in March to settle the attorney general&#39;s investigation.</p><p>Clarkson, who is on vacation and could not be reached Tuesday, also received high marks from Julian on a performance evaluation in September, which was obtained through a public records request. She was given &quot;above expectation&quot; or &quot;exceptional&quot; rankings in 14 of 15 categories.</p><p>Edwards said Julian has since been placed in another position. A message left at his office Tuesday was not returned.</p><p>In sworn statements taken by Edwards and Clarkson as part of their investigation of the Law Offices of David J. Stern, former employees described conditions where signatures were regularly forged on foreclosure documents, paperwork was notarized by non-notaries, and flawed files were hidden from auditors of federal mortgage backers Fannie Mae and Freddie Mac.</p><p>Fannie and Freddie subsequently fired Stern&#39;s Plantation-based firm, and would eventually stop sending business to two other South Florida firms facing state inquiry.</p><p>&quot;I know those two ladies did a yeoman&#39;s job, and it perplexed me when they left the office,&quot; Josh Bleil, a partner in the Ticktin Law Group foreclosure defense firm, said about Edwards and Clarkson. &quot;They were instrumental in creating the Power Point presentation that blew up everything.&quot;</p><p>Bleil is referring to a 98-page report titled &quot;Unfair, Deceptive and Unconscionable Acts in Foreclosure Cases,&quot; which outlines instances of questionable signatures and notarizations, as well as foreclosures filed by entities that might not have had the legal ability to foreclose.</p><p>Julian notes in Edwards&#39; April performance review that the foreclosure investigation has faced criticism.</p><p>His opponents said McCollum was politically motivated when he issued subpoenas to three law firms in August before the Republican primary. McCollum, who now works for the SNR Denton law firm in Washington, could not be reached Tuesday.</p><p>&nbsp;</p><p>And the investigation has had setbacks. The Boca Raton-based firm Shapiro &amp; Fishman won a ruling in the 4th District Court of Appeal in April to quash its subpoena. The state is not challenging the decision but Davis said the investigation remains ongoing.</p><p>In January, Bondi&#39;s office told lawmakers in a Senate Banking and Insurance Committee meeting that Florida&#39;s foreclosure process is in &quot;total disarray&quot; with a &quot;morass&quot; of fraudulent paperwork.</p><p>Committee member Sen. Joe Negron, R-Stuart, criticized suggestions that banks should be pushed to employ foreclosure alternatives such as short sales. He also objected to the term &quot;foreclosure mill&quot; when referring to the state&#39;s large law firms that represent banks.</p><p>&quot;Foreclosure mill could also be called very busy law firm because you provide excellent service to your clients,&quot; Negron said.</p><p>Edwards and Clarkson have opened their own foreclosure defense firm based in Hollywood and hope to help homeowners with the knowledge they gained in the attorney general&#39;s office.</p><p>&quot;It&#39;s been a very unexpected change in circumstance,&quot; Edwards said.</p>]]></content:encoded>
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		<title>Banks negotiating to resolve claims over faulty foreclosures</title>
		<link>http://www.legalbrains.com/2011/07/18/banks-negotiating-to-resolve-claims-over-faulty-foreclosures/</link>
		<comments>http://www.legalbrains.com/2011/07/18/banks-negotiating-to-resolve-claims-over-faulty-foreclosures/#comments</comments>
		<pubDate>Mon, 18 Jul 2011 15:06:57 +0000</pubDate>
		<dc:creator>sbellina</dc:creator>
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		<description><![CDATA[PALM BEACH COUNTY, Fla. &#8211; As Jamaican immigrants, Clovis Nelson, his wife and their six children wanted to put their roots and their home in South Florida.&#160;Posted: 07/11/2011&#160;By: Ashleigh WaltersNelson said he was ignorant to the details, finding that just &#8230; <a href="http://www.legalbrains.com/2011/07/18/banks-negotiating-to-resolve-claims-over-faulty-foreclosures/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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<p>PALM BEACH COUNTY, Fla. &#8211; As Jamaican immigrants, Clovis Nelson, his wife and their six children wanted to put their roots and their home in South Florida.</p><p><span id="more-794"></span></p><p>&nbsp;</p><p>Posted: 07/11/2011&nbsp;<a href="http://www.wptv.com/subindex/about_us/contact_us" title="Contact Us">By: Ashleigh Walters</a></p><p>Nelson said he was ignorant to the details, finding that just months after he signed the paperwork, the mortgage was impossible.</p><p>&quot;I just did not see this as the American dream that I was craving,&quot; he said. &quot;I made several efforts to (negotiate) with them, they just wouldn&#39;t listen&#8230;It turned out to be a nightmare,&quot; he said.</p><p>Nelson is one of 3,300 clients working with the Ticktin law firm on foreclosure issues. There are 500 of these clients in West Palm Beach alone.</p><p>&quot;Not greed but stinking greed. There were people that made billions of dollars out of this thing,&quot; said lawyer Peter Ticktin.</p><p>Multiple media outlets are reporting that current closed-door negotiations could force banks to set up funds for states to resolve complaints. The settlements could set standards for foreclosure and loan processes going forward.</p><p>Ticking helped to discover the so-called &quot;robo-signers,&quot; and he says the size of the foreclosure problem is impossible to measure.</p><p>&quot;How can the banks get this thing fixed? It&#39;s not as though the banks can sit down with any particular person or a government entity or anybody and say, O-K, let&#39;s drum up a way of fixing this,&quot; Ticktin said.</p><p>Ticktin says reworking the system for families may be the best solution.</p><p>&quot;And say let&#39;s put people in something where you&#39;re still safe in your home, that would be the way to go about it, that would be responsible banking,&quot; he said.</p><p>Nelson&#39;s case is not in litigation currently. As his lawyer explains, no paperwork from the bank meant no case against him. He is not paying his mortgage and he is hoping for the best.</p><p>&quot;I&#39;m just grateful for the way things are right now, where we are at with this foreclosure, and you know, the possibilities that loom on the horizon,&quot; he said.</p><p>Negotiators have tentatively set a date of July 13, 2011 for the settlement, which could exceed $20 billion.</p><div><p id="copyrightStoryModule">Copyright 2011 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p></div>]]></content:encoded>
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		<title>Broward Couple sues Hey Monday star Cassadee Pope</title>
		<link>http://www.legalbrains.com/2011/07/18/broward-couple-sues-hey-monday-star-cassadee-pope/</link>
		<comments>http://www.legalbrains.com/2011/07/18/broward-couple-sues-hey-monday-star-cassadee-pope/#comments</comments>
		<pubDate>Mon, 18 Jul 2011 14:52:02 +0000</pubDate>
		<dc:creator>ewilson</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[The singer for the rock band Hey Monday was sued Friday by a Sunrise husband-and-wife team who claim they were forced out of representing the aspiring star after years of nurturing her talent.July 08, 2011&#124;By Paula McMahon, Sun SentinelCassadee Pope, &#8230; <a href="http://www.legalbrains.com/2011/07/18/broward-couple-sues-hey-monday-star-cassadee-pope/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p>The singer for the rock band Hey Monday was sued Friday by a Sunrise husband-and-wife team who claim they were forced out of representing the aspiring star after years of nurturing her talent.</p><div id="area-article-first-block"><div id="mod-a-body-first-para"><div><div id="area-article-first-block"><div id="mod-a-body-first-para"><p><span id="more-783"></span></p><p><span class="Apple-style-span" style="color: rgb(0, 51, 68); font-family: helvetica, arial, serif; font-size: 11px; line-height: 17px; "><span class="pubdate" style="padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; font-family: inherit; color: rgb(51, 51, 51); font-size: 12px; line-height: 17px; font-weight: normal; ">July 08, 2011</span><span class="separator" style="padding-top: 0px; padding-right: 5px; padding-bottom: 0px; padding-left: 5px; margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; font-family: inherit; color: rgb(51, 51, 51); font-size: 12px; line-height: 17px; ">|</span><span style="padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; font-family: inherit; color: rgb(51, 51, 51); font-size: 12px; line-height: 17px; ">By Paula McMahon, Sun Sentinel</span></span></p><p>Cassadee Pope, 21, of West Palm Beach, had one of her songs covered on the popular Fox TV show &quot;Glee&quot; earlier this year, has recorded a few albums and toured with Fall Out Boy and other bands.</p></div></div><div><img alt="" src="http://articles.sun-sentinel.com/images/pixel.gif" /></div><div id="mod-ctr-lt-in-top"><div>Dominick and Tammy Centi say none of it would have been possible without their early investment in Pope&#39;s singing, starting when she was 12. Dominick Centi claims he discovered Pope in 2002 and signed her with the Centis&#39; talent management company, Driven Entertainment Group.</div></div><div id="mod-a-body-after-first-para"><p>The couple filed a civil lawsuit against Pope; her mother, Lori Pope; Sony Music Entertainment Inc.; Columbia Records; and others, alleging breach of contract.</p><p>The lawsuit, filed in Broward Circuit Court, seeks an unspecified amount of damages but the couple&#39;s attorneys, Peter Ticktin and Jamie Sasson, said they plan to seek $50 million in punitive and other damages. They place most of the blame on the record company and other managers who got involved in representing Pope.</p><p>Miami attorney Richard Wolfe, who represents Pope, said the lawsuit is just the latest twist in a lengthy effort by the Centis to get money from Pope.</p><p>&quot;They had very little, if not nothing, to do with her success,&quot; Wolfe said, adding that Pope terminated their contract for cause.</p><p>&quot;They are looking to squeeze anybody they can for anything they can because they have been so unsuccessful at what they do,&quot; Wolfe said.</p><p>Dominick Centi said Friday that his ire is not directed toward Pope, who he thinks was manipulated into abandoning her mentors.</p><p>&quot;We weren&#39;t looking to hurt her; we know she was used as a pawn,&quot; Centi said.</p><p>During more than six years of working with her, the lawsuit said, the couple made a demo tape with her, got her numerous bookings and a contract with Kodak Inc. which showcased one of her songs, as well as a performance at a major music conference.</p><p>But the relationship came under duress in late 2007, according to the lawsuit, after one of Sony&#39;s record labels became interested in signing Pope.</p><p>&quot;The artist was put in an impossible situation &hellip; as she understood that if she remained loyal to her managers, Driven and the Centis, the people who had led her to the brink of stardom, she would be throwing away her dream of signing a major recording contract, going on tour and recording an album,&quot; the lawsuit alleges.</p></div><div id="mod-a-body-after-first-para-ad-cpc"><div>Under the terms of their contracts with Pope and their anticipated long-term relationship with her, the Centis believe they are entitled to 20 percent of the revenue.</div></div><div id="mod-a-body-after-second-para"><p>&quot;Not only did we not collect our percentage but we also spent a lot of money developing her career,&quot; Centi said. &quot;She was singing karaoke covers when we discovered her.&quot;</p><p><a href="mailto:pmcmahon@tribune.com">pmcmahon@tribune.com</a>&nbsp;or 954-356-4533</p></div><p>&nbsp;</p></div></div></div>]]></content:encoded>
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		<title>Walk away from your mortgage? Time to get &#8216;ruthless&#8217; — CNNMoney</title>
		<link>http://www.legalbrains.com/2011/06/07/walk-away-from-your-mortgage-time-to-get-ruthless-%e2%80%94-cnn-money/</link>
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		<pubDate>Tue, 07 Jun 2011 16:03:15 +0000</pubDate>
		<dc:creator>sbellina</dc:creator>
				<category><![CDATA[Foreclosure]]></category>

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		<description><![CDATA[NEW YORK (CNNMoney) &#8212; Should you keep paying your mortgage on a home that&#8217;s dwindling in value? Go to article No way, say an increasing number of underwater homeowners who are voluntarily choosing to &#8220;walk away&#8221; from their home loans, &#8230; <a href="http://www.legalbrains.com/2011/06/07/walk-away-from-your-mortgage-time-to-get-ruthless-%e2%80%94-cnn-money/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[NEW YORK (CNNMoney) &#8212; Should you keep paying your mortgage on a home that&#8217;s dwindling in value?
<span id="more-586"></span>

<a href="http://money.cnn.com/2011/06/07/real_estate/walk_away_mortgage/index.htm">Go to article</a>

No way, say an increasing number of underwater homeowners who are voluntarily choosing to &#8220;walk away&#8221; from their home loans, a practice known as &#8220;strategic default.&#8221;

Jon Maddux, CEO of YouWalkAway.com, reports 10% more clients this year to his company, which advises people how best to handle the walk away process.

Charles Gallagher, a real estate attorney in <a href="http://money.cnn.com/magazines/moneymag/bplive/2010/snapshots/PL1263000.html?iid=EL">St. Petersburg, Fla</a>., has also seen an uptick.

And a recent survey by home finance company Fannie Mae found that while only about 27% of homeowners would even consider walking away, that&#8217;s up from 15% last year.

In an early 2010 report, Morgan Stanley (<a href="http://money.cnn.com/quote/quote.html?symb=MS&amp;source=story_quote_link">MS</a>, <a href="http://money.cnn.com/magazines/fortune/fortune500/2011/snapshots/3515.html?source=story_f500_link">Fortune 500</a>) researchers said nearly 200,000 defaults in the prior year were voluntary, or roughly 12% of the total. The bank expects to issue updated estimates in coming weeks.
<h2><a href="http://money.cnn.com/galleries/2011/real_estate/1105/gallery.cheapest_housing_markets/?iid=EAL&amp;iid=EL">10 dirt cheap housing markets</a></h2>
The profile of a typical strategic defaulter is not what you&#8217;d expect, said Peter Ticktin, a Florida-based attorney, whose firm is handling 3,000 foreclosure cases.

&#8220;Because they borrowed money and stopped paying their loans, you would think they&#8217;re deadbeats &#8212; but it&#8217;s not like that,&#8221; Ticktin said.

In fact, most are good credit risks with high FICO scores, according to Andrew Jennings, chief analytics officer at Fair Isaac (<a href="http://money.cnn.com/quote/quote.html?symb=FICO&amp;source=story_quote_link">FICO</a>), the company behind FICO.

Take Jeff Horton, an IT manager in <a href="http://money.cnn.com/magazines/moneymag/bplive/2010/snapshots/PL1253000.html?iid=EL">Orlando, Fla</a>.

He stopped making mortgage payments on two homes in October 2009, a condo purchased for $140,000 in 2005, and a house he bought two years later for $265,000. He had occupied the condo until he bought the house, and then rented it out.

&#8220;I would have kept up the payments, but the condo was appraised for $54,000 and the house, $135,000,&#8221; said Horton.

To keep paying off the homes didn&#8217;t add up. He could rent a nice three-bedroom home in town for about $1,000 a month, less than half what he was paying for his mortgages, even after rental income.

For him and other homeowners, that makes up for the credit-score hit and the fact that you won&#8217;t be able to get a mortgage for several years.

Before he stopped paying, his credit score was an excellent 750. It dipped as low as 520, but is up to 600 again.

&#8220;Strategic default can be a financially sophisticated thing to do,&#8221; said Mark Fleming, chief economist for CoreLogic, the financial analytics company. &#8220;And it makes sense that more financially savvy people do it. They may treat their mortgages like they would their investment portfolios &#8212; in a financially ruthless manner.&#8221;
<h2><a href="http://money.cnn.com/2011/05/31/real_estate/march_home_prices/index.htm?iid=EL">Home price &#8216;double-dip&#8217;</a></h2>
Sometimes, borrowers have to acquire that ruthlessness.

Helen Sheridan purchased a townhouse condo in 2006 at the height of the boom in <a href="http://money.cnn.com/magazines/moneymag/bplive/2010/snapshots/PL0666000.html?iid=EL">San Diego</a>. She paid $630,000 for a place worth $450,000 today.

When the economy tanked, she lost about 30% of her income as a certified public accountant and her mortgage payments, while still doable, became burdensome. With a teenage daughter and son, she was facing college costs.

She had to overcome some conventional thinking about the sanctity of debt repayment to make what she realizes is the correct financial choice.

&#8220;I still feel guilty,&#8221; Sheridan said. &#8220;I break out in tears, but I have a family to support.&#8221;

One factor that pushed her over the edge was that the house needs maintenance and repair.

&#8220;People are more educated about the process,&#8221; said Maddux of YouWalkAway. &#8220;They&#8217;re making more calculated, less emotional, decisions and are less fearful and less concerned about the stigma.&#8221;

Sheridan is getting help from YouWalkAway and her house will be auctioned off on June 13.

University of Arizona law professor Brent White thinks the past few years of banking scandals have reinforced the view that it&#8217;s not unethical to walk away.

&#8220;There&#8217;s a sense that the banks don&#8217;t follow the &#8216;rules,&#8217; but somehow the little guy is supposed to &#8212; more and more people are saying &#8216;enough is enough&#8217; and walking away,&#8221; said White, who is also the author of &#8220;Underwater Home: What Should You Do If You Owe More on Your Home than It&#8217;s Worth?&#8221;

Some homeowners, however, can&#8217;t get past the stigma.

Gallagher represents a Florida couple, a dentist and a financial consultant who is well known in the area. They bought a house for $1.4 million during the boom, and considered walking away when it was appraised recently at close to $400,000.

&#8220;Ultimately, the couple did not default,&#8221; said Gallagher. &#8220;Given her public profile, she was worried about the backlash. She remains making payments on a deeply underwater mortgage.&#8221;

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		<title>Foreclosure defense attorney Peter Ticktin cleared by Bar — Daily Business Review</title>
		<link>http://www.legalbrains.com/2011/05/26/foreclosure-defense-attorney-peter-ticktin-cleared-by-bar-%e2%80%94-daily-business-review/</link>
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		<pubDate>Thu, 26 May 2011 16:24:46 +0000</pubDate>
		<dc:creator>sbellina</dc:creator>
				<category><![CDATA[Foreclosure]]></category>

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		<description><![CDATA[Foreclosure defense attorney Peter Ticktin was under investigation for asking clients to sign agreements giving up equity in their homes if he won their foreclosure cases. Foreclosure defense attorney Peter Ticktin was under investigation for asking clients to sign agreements &#8230; <a href="http://www.legalbrains.com/2011/05/26/foreclosure-defense-attorney-peter-ticktin-cleared-by-bar-%e2%80%94-daily-business-review/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[Foreclosure defense attorney Peter Ticktin was under investigation for asking clients to sign agreements giving up equity in their homes if he won their foreclosure cases.<span id="more-592"></span> Foreclosure defense attorney Peter Ticktin was under investigation for asking clients to sign agreements giving up equity in their homes if he won their foreclosure cases.
<a href="http://www.dailybusinessreview.com/PubArticleDBR.jsp?id=1202495351086&#038;hbxlogin=1">Go to Article</a>]]></content:encoded>
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