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Florida Short Sales Are Booming in Broward County in 2012: 30% Increase From Last Year According to RealtyTrac (and a 18% Boost in 2012 Short Sales Statewide)

Short sales in Florida are happening more and more often; in fact, the good news out of Broward County, Florida, is that short sales have topped the number of foreclosures that were filed in the first quarter of 2012 – and this is big, big news since that...

How Force Placed Insurance Can Force You Into Foreclosure: Another Lender Abuse That Pushes Florida Homeowners Into Losing Their Homes

For those fighting to keep their homes in Florida and elsewhere, every penny counts in the monthly budget.  It’s hard to write that monthly mortgage check, especially where it is a payment being made on an underwater mortgage.  Homeowners already on this...

Florida Mortgage Foreclosure Fraud Settlement Proceeds: $33 Million Diverted to Florida General Fund. Open Question: How Much of the Settlement Will Help the Average Florida Home Owner? Not Much?

Investigative reporting by ProPublica recently revealed that lots of state governments involved in the big Mortgage Foreclosure Fraud settlement between the Big Banks and the State Attorneys General have taken big chunks of the settlement monies for use in things...

Underwater Mortgages Are Huge Problem Per New Zillow Negative Equity Report: Will Florida Banks and the Powers That Be Do More for Florida Home Owner Short Sales and Loan Modifications?

Today, Zillow.com released its research study on the United States’ housing market, “Zillow Negative Equity Report,” and it’s not good news for anyone.  From the Zillow experts, in the first three months of 2012: 31.4 percent of U.S. homeowners...