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Florida Short Sales: Home Owners Selling in Short Sales Need to Be Aware of the Tax Lien Investor: Who Holds The Liens on Your Florida Property?

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...

5 Things To Consider With the Deed In Lieu of Foreclosure for Underwater Mortgages Offer by Fannie Mae and Freddie Mac That Debuts March 1, 2013

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...

Underwater Mortgages in Florida Get Big News: March 1, 2013 Begins Federal Program to Allow Deeds In Lieu on Qualifying Homes Where Mortgages Exceed Home Value

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...

Fast Florida Short Sales: Freddie Mac VP Forecasts Freddie Mac Short Sales Will Zip Through to Closing in the Future – What About the Deficiencies?

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...

Florida Short Sales and Florida Foreclosure Defense Deadline for Tax Benefits is Now December 31, 2013 After Fiscal Cliff Legislation Signed Into Law Today

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...

Mortgage Debt Relief Act of 2007 Going Over the Fiscal Cliff? Florida Underwater Mortgages, Florida Foreclosures, and Florida Short Sales Watching as FIT Exemption Fails to Get Extension

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...