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The Home Equity Theft Reporter: S. Florida Lawyer Gets Jail Time For Hijacking $1.6M In Real Estate Closing Funds Earmarked For Mortgage Loan Payoffs; Title Insurer Left Holding Bag The Home Equity Theft Reporter: S. Florida Lawyer Gets Jail Time For Hijacking $1.6M In Real Estate Closing Funds Earmarked For Mortgage Loan Payoffs; Title Insurer Left Holding Bag debtcon: florida-mortgage-loan-debt-consolidation ment’s financial problems: spending and debt. con- gress should. necessary relief in fiscal year (FY) 2018 and FY.

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 · 1. Hank transfers a Florida beach house valued at $1 million with a $750,000 mortgage balance to a LLC that is 100% owned by him. Documentary stamps are $5,250 calculated on the mortgage balance amount. (note: the doc stamp rate is $.70 per $100 for all Florida counties except Miami-Dade where the rate is $.60 per $100.

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