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 | 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 | Deficiency Judgments, Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Foreclosure Rescue, Real Estate, Short Sales, Underwater Mortgage
When you hear the talking heads discuss how Washington has “kicked the can down the road,” for Florida home owners and those Floridians interested in short sales or mortgage foreclosure defense this means one thing: they’ve got one more year to get... by Larry Tolchinsky | Florida Foreclosures, Florida Law, Florida Real Estate, Loan Modification, Short Sales, Underwater Mortgage
The Mortgage Debt Relief Act of 2007 will expire a few days from now unless a miracle happens – we’ve been concerned about the impact this federal income tax exemption disappearing will have upon Florida home owners, those with underwater mortgages, and...