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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

This Article Is From 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...

What is Happening With Foreclosures in South Florida Real Estate Right Now? Are We Still in a Big Mess? – Consider These Reports

How is the Florida foreclosure market doing right now?  Some are reporting optimistic viewpoints – we’re out of the woods, they claim: everything is getting better every day. Meanwhile, for those working with Florida homeowners and Florida borrowers in the...

What Happens When Out of State Homeowners Who Owned Florida Real Estate Face Bank Collection Efforts in Their Home State (or Country) Because of a Florida Foreclosure Judgment?: Domesticating Judgments

For those who live outside of the State of Florida but who own or owned Florida real estate subject to foreclosure, the possibility of that foreclosure’s deficiency judgment being collected in your resident state is real. Florida Deficiency Judgments Have Five...

Loan Modifications Are About to Get a Lot Easier: Fannie Mae and Freddie Mac Toss Out the Paperwork in New “Streamlined Mortgage Initiative” Program Debuting July 1

Last Wednesday, the Federal Housing Finance Agency (FHFA) announced big changes for those seeking to modify their home loans: for loan modifications of mortgages connected to Fannie Mae or Freddie Mac, things are going to be much easier in a few months.  Weeks,...