by Larry Tolchinsky | Florida Foreclosures, Florida Real Estate, Foreclosure Fraud, Foreclosure Rescue, Home Loan Fraud
Yesterday, Florida’s foreclosure situation hit the national news again, as NPR picked up WUSF reporter Robin Sussingham’s story, “Foreclosure Process Hammers Florida’s Housing Market,” where the impact of Florida’s judical process... by Larry Tolchinsky | Florida Foreclosures, Florida Law, Loan Modification, Short Sales, Underwater Mortgage
On Tuesday, we discussed the details of the new Fannie Mae and Freddie Mac offering that becomes effective on March 1, 2013: both Fannie Mae and Freddie Mac will begin taking Deeds in Lieu of Foreclosure for mortgages guaranteed by their programs that are underwater... by Larry Tolchinsky | Florida Foreclosures, Florida Real Estate, Foreclosure Fraud, Foreclosure Rescue, Real Estate, Short Sales, Underwater Mortgage
More good news from Freddie Mac (FHLMC) (and Fannie Mae (FNMA) this week: both of these mortgage monsters are going to be implementing new policies to help people who are stuck in mortgages that are much higher than the current market value of their homes... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Law, Foreclosure Rescue, Local Lawyers, Short Sales, Underwater Mortgage
The Federal Home Loan Mortgage Corporation (FHLMC), commonly known by its nickname Freddie Mac, is under the control of the federal government these days as the Federal Housing Finance Agency (FHFA) took over conservatorship of both Freddie Mac and Fannie Mac in... by Larry Tolchinsky | Florida Foreclosures, Florida Law, Florida Real Estate, Force Placed Insurance, Wrongful Foreclosure
For Florida short sales to succeed, and for Florida homeowners trying to avoid a foreclosure on their home, it’s important that there is mortgage financing available. Seems obvious, but it’s not discussed as much as it should be. The reality is that if... by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Florida Real Estate, Foreclosure Fraud, Foreclosure Rescue, Home Loan Fraud, Wrongful Foreclosure
This morning, RealtyTrac issued its Year-End 2012 U.S. Foreclosure Market Report and, in what is no surprise to most Florida foreclosure defense lawyers particularly those dealing with foreclosures in the Miami-Dade and Broward County areas, Florida broke the record...