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Entries Tagged as 'short sale attorney pinellas'

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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Why BofA’s latest plan is drawing little protest

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

Tweet By Eve Tahmincioglu | msnbc.com   “Doesn’t it feel like Bank of America has finally broken us? Plagued with lawsuits and settlements; uproars over fee hikes; and a recent scathing article in Rolling Stone calling it “moronic and corrupt,” you would think the nation’s biggest bank would be put under asynchrotron, the world’s biggest microscope, by [...]

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Mortgage rates fall back below 4 percent again

March 29th, 2012 · No Comments · Foreclosure, loan modification, News, Real Estate Law, Uncategorized

Tweet By CHRISTOPHER S. RUGABER   “The average U.S. rate on the 30-year fixed mortgage fell back below 4 percent this week, staying near historic lows. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan dropped to 3.99 percent from 4.08 percent last week. Last month, the rate touched 3.87 percent, the lowest [...]

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Foreclosure review deadline extended

March 29th, 2012 · No Comments · Foreclosure, News, Real Estate Law, Uncategorized

Tweet http://baynews9.com:   “If you lost your home through foreclosure and think you were unfairly thrown off your property, you now have more time to seek financial compensation. The federal government has extended the deadline to get a free, independent review of your case. The deadline was April 30, but now, you have until July 31. [...]

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Recovery? Trying to draw meaning from the chaos of new housing news in Florida

March 12th, 2012 · No Comments · Foreclosure, loan modification, News, Real Estate Law, Short Sales, Uncategorized

Tweet By: Robert Trigaux, Business Columnist | Tampa Bay Times “Wake up and good morning. So is the Tampa Bay and Florida housing market at a bottom and really ready to start improving? The crystal ball remains murky but there’s no lack of housing activity on both sides of the equation to ponder. For openers: *  Homebuilder Newland Communities [...]

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USDA to help rural homeowners refinance mortgages

March 5th, 2012 · 1 Comment · Foreclosure, loan modification, News, Real Estate Law, Uncategorized

Tweet By Mark Puente, Times Staff Writer   “A U.S. Department of Agriculture pilot loan program could lower interest rates and reduce mortgage payments for more than 20,000 rural homeowners in Florida. The program will allow underwater homeowners in rural areas to refinance mortgages at interest rates between 3.5 and 4.5 percent. Underwater mortgage holders owe [...]

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The U.S. foreclosure crisis, Beverly Hills-style

February 21st, 2012 · No Comments · Foreclosure, News, Real Estate Law

Tweet   “The careworn house not far from Santa Monica Boulevard resembles millions of other homes that have been foreclosed on since the calamitous U.S. housing crash four years ago. Garbage spews from trash bags behind the property. A smashed television leans against broken furniture. A filthy toy dog lies on its side, an ear [...]

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What the foreclosure settlement means for you

February 11th, 2012 · No Comments · Foreclosure, News, Real Estate Law, Uncategorized

Tweet By Les Christie | @CNNMoney   “The nation’s five largest banks have finally struck a deal with 49 states to settle charges of abusive and negligent foreclosure practices dating back to 2008. Under a deal announced Thursday, the banks will commit $26 billion to help underwater homeowners and compensate those who lost their homes due to [...]

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So far, only 60 take up Bank of America on short sale incentive

January 31st, 2012 · No Comments · Commercial Loans, Foreclosure, Litigation, loan modification, News, Real Estate Law, Short Sales, Uncategorized

Tweet By Mark Puente, Times Staff Writer   “Only 60 Floridians have received cash from a Bank of America program that pays up to $20,000 to homeowners who sell distressed properties in a short sale. The lender still expects thousands more in the Sunshine State to collect the money before the pilot program ends in August. [...]

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Homeowners at risk of foreclosure increasing

August 31st, 2011 · No Comments · Uncategorized

Tweet “Number who have missed mortgage payments is back up, likely dueto unemployment”   By DEREK KRAVITZ “The number of Americans at risk of foreclosure is rising, reflecting the U.S. economy’s continued struggles. The Mortgage Bankers Association said Monday that 8.44 percent of homeowners missed at least one mortgage payment in the April-June quarter. That figure, which [...]

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