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Entries Tagged as 'Uncategorized'

Downward trend for foreclosures

May 18th, 2012 · No Comments · Foreclosure, News, Real Estate Law, Uncategorized

Tweet Source: http://www.baynews9.com |   “There could be signs of a housing market turnaround across the country, but it could be short-lived. A new report reveals in April there was a decline in the number of homes foreclosed upon.  According to RealtyTrac, home repossession fell 7 percent from March and fell 26 percent from April of [...]

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Florida flood insurance put at risk

May 17th, 2012 · No Comments · News, Real Estate Law, Uncategorized

Tweet http://articles.sun-sentinel.com |   “The Florida Legislature’s attempt to speed building permits and kickstart construction has inadvertently put the state’s homeowners in jeopardy of being booted out of the National Flood Insurance Program. Without flood insurance, you can’t get a mortgage in much of Florida. The impact on housing, construction and the state’s fragile real [...]

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Florida Supreme Court hearing foreclosure appeal

May 13th, 2012 · No Comments · Litigation, News, Real Estate Law, Uncategorized

Tweet By The Associated Press   “The Florida Supreme Court is hearing oral argument in a mortgage foreclosure case that could have far-reaching consequences. Thursday’s argument focuses on whether lenders or other plaintiffs can avoid penalties for filing forged documents with courts simply by voluntarily dismissing their cases. Palm Beach County homeowner Roman Pino accused the [...]

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Community association’s eviction legal, court says

May 13th, 2012 · No Comments · Litigation, News, Real Estate Law, Uncategorized

Tweet   By SHANNON BEHNKEN | The Tampa Tribune   “A woman who says her homeowner’s association wrongly took possession of her home lost her first court bid to get it back Wednesday but plans to try again. Joanne McCarn may have expected too much of the hearing, which covered the narrow issue of whether the Bridgewater Community [...]

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New foreclosure wave to hit ‘everyday’ borrowers

May 8th, 2012 · No Comments · Foreclosure, Real Estate Law, Uncategorized

Tweet By Nick Carey     “Half a decade into the deepest U.S. housing crisis since the 1930s, many Americans are hoping the crisis is finally nearing its end. House sales are picking up across most of the country, the plunge in prices is slowing and attempts by lenders to claim back properties from struggling borrowers [...]

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Tougher requirements start Monday for FHA mortgages

May 7th, 2012 · No Comments · Foreclosure, News, Short Sales, Uncategorized

Tweet By Mark Puente, Times Staff Writer   “It’s going to be tougher to get a government-backed mortgage on Monday. Next week, home buyers with ongoing credit disputes over $1,000 will no longer be approved for a mortgage backed by the Federal Housing Administration. Buyers with collection accounts will either have to pay the debt off [...]

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Potential Mortgage Fraud

May 7th, 2012 · No Comments · Foreclosure, loan modification, News, Short Sales, Uncategorized

Tweet Posted by Robert Trigaux | tampabay.com   “Wake up and good morning. Florida and Tampa Bay are hardly strangers to mortgage fraud. But the latest federal report on mortgage fraud suggests Hillsborough County leads the way nationwide in potential mortgage fraud, a disturbing No. 1 status given the hype and promise from mortgage fraud “task forces” [...]

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Bank of America puts system in place to fast-track short sales

April 30th, 2012 · No Comments · Foreclosure, loan modification, News, Real Estate Law, Short Sales, Uncategorized

Tweet By Eric Sollman, Reporter | baynews9.com   “Bank of America wants to help speed up the process of selling thousands of homes facing foreclosure. The bank wants to get someone in those homes in 20 days through short sales. Marcia Goldstein just went through the short sale process through her realtor and Bank of America. [...]

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Obama’s Mortgage Task Force: Working Hard or Hardly Working?

April 24th, 2012 · No Comments · Foreclosure, News, Real Estate Law, Uncategorized

Tweet Column by ADAM LEVIN, Credit.com | “Maybe you’re reading about it less and less. It doesn’t seem to be the lead story on many national news broadcasts anymore. But it’s still there, festering away like an untreated wound. The foreclosure crisis and the morass of other problems surrounding persistently problematic real estate prices, unwise loans made [...]

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Bank reports point to a healing housing market

April 17th, 2012 · No Comments · Commercial Loans, Foreclosure, News, Real Estate Law, Uncategorized

Tweet By The Associated Press   “Earnings reports from two major banks Friday painted a picture of a healing housing market, with more Americans taking out mortgages, paying them on time and taking advantage of low interest rates to refinance. At JPMorgan Chase, the biggest bank in the United States, income from new home loans set [...]

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