2014 Surprise for Florida Underwater Mortgages: Mortgage Forgiveness Debt Relief Act Tax Break Has Not Been Extended – Deficiency Will Be Taxed in 2014

| December 31, 2013

This time last year, we discussed how Congress was “kicking the can down the road” by passing federal legislation that extended the 2007 Mortgage Forgiveness Debt Relief Act’s tax break for one year as part of last year’s Fiscal Cliff legislation. (Read the details here, “Florida Short Sales and Florida Foreclosure Defense Deadline for Tax […]

Florida Hardest Hit Fund Applications Accepted Today – For the Few Florida Home Owners Who Will Get Help

| October 1, 2013

Beginning this morning at 9:00 am, the Florida Hardest Hit program sprang back to life, accepting new applications for the federal principal reduction program that promises Florida home owners burdened with underwater mortgages a decrease of up to $50,000 in their mortgage loan balance. That’s right: under the Florida Hardest Hit plan, Florida mortgages can […]

Florida Foreclosure Backlog – Still Lots of Problems With Florida Foreclosures as Florida AG Reminds Florida Courts to Protect Florida Homeowner Rights in Foreclosure Proceedings

| September 19, 2013

Last Update: 02/24/16 All experienced Florida foreclosure defense lawyers know that the national Foreclosure Mortgage Settlement Agreement contains a provision that mandates that lenders not go forward with a foreclosure if there is an alternative in the works for that home loan (for example, a loan modification or short sale is being negotiated). You may […]

Foreclosure Help Fraud: 5 Tricks to Spotting Foreclosure Relief Scams When You’re Fighting Against a Florida Foreclosure or Trying to Lower That Home Mortgage Payment

| August 27, 2013

Is it the sunny summer weather here in Florida or the record-breaking number of Florida foreclosures that is so tempting to fraudsters that they come up with so many different and creative ways to con Florida homeowners (homeowners who are trying to deal with their troubled mortgage) out of their money and maybe out of […]

Infographic: Financial Perks of Homeownership (Courtesy California Ass’n of Realtors)

| August 23, 2013

Florida Foreclosure Help Scams and Mortgage Relief Fraud: Con Artists Prey on Florida Homeowners and Borrowers Promising to Help Fight Foreclosure – Don’t Be a Victim

| August 13, 2013

Florida foreclosures are still a big problem for Florida borrowers; Florida homeowners; Florida lenders; and everyone else in the State of Florida impacted by the Florida housing industry or Florida real estate market. Yes, that’s pretty much everyone here in Florida. Enter the fraudsters: con artists who see borrowers in a foreclosure situation not with […]

Florida Foreclosure Defense: Another Home Owner Victory Against Bank Foreclosure Action – Where’s the Media Coverage? Florida Foreclosure Defense Victories Happen, But They May Not Make the News

| July 9, 2013

Judge Howard Harrison is one of the Senior Judges on the 15th Judicial District of Florida, described as those judges who “… are used for lengthy trials or special category cases; educational, professional or personal absence of a presiding judge; vacancies; and cases requiring out-of-circuit judges.” 2010 Ruling: Bank Affidavit Fails Test for Foreclosure Summary […]

Florida Deficiency Foreclosure Claims: Banks Now Have One Year Statute of Limitations Deadline to Pursue the Deficiency

| June 18, 2013

Last Update: 08/01/16 In Florida, when the mortgage balance is more than the sales price of a home in foreclosure, there is a “deficiency” – stated another way – the deficiency is the amount due the lender when the sale proceeds in a short sale are not enough to pay the loan balance. That “deficiency” […]

Infographic: Troubled Asset Relief Program (TARP) As of March 2012 Per Congressional Budget Office

| May 2, 2013

HAMP Trial Period Plan Lawsuits: Borrowers Sue Banks for Failing to Do the Right Thing in TPP Loan Modification as Lenders Fail To Follow HAMP Requirements

| April 30, 2013

Florida homeowners, and borrowers across the country, are no longer considering HAMP (Home Affordable Modification Program) to be the big success that it was touted to be by the Treasury Department when it debuted back in 2009.  HAMP, as you may recall, was a part of the MakingHomeAffordable program which describes itself as: The Making […]