by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Foreclosure Fraud, Foreclosure Rescue, Underwater Mortgage, Wrongful Foreclosure
Today, RealtyTrac is making the national news again with its report that the State of Florida has more than twice the number of foreclosure actions as any other state in the country. According to its U.S. Foreclosure Market Report™ for January 2013 (released this... by Larry Tolchinsky | Debt Collection - Mortgages, Florida Foreclosures, Florida Law, Florida Real Estate, Force Placed Insurance, Foreclosure Rescue, Local Lawyers, Short Sales, Underwater Mortgage
Across the country, there’s lots of positive feedback about Fannie Mae’s “HomePath for Short Sales” where any Fannie Mae-owned home loan can be escalated by the realtor – and once this happens, Fannie Mae people enter the transaction to... by Larry Tolchinsky | Appraisal Fraud, Deficiency Judgments, Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Fraud, Foreclosure Rescue, Wrongful Foreclosure
There’s a proposed law being pushed up in Tallahassee once again this year that aims to end Florida’s long-standing judicial foreclosure process, and this year it seems to be gaining strength, though it died a pretty quick death in its earlier version last... 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 | 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...