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Banks Start Their Engines as Florida Foreclosures Are On the Rise: Lenders’ Lull Is Over According to New RealtyTrac Foreclosure Report

RealtyTrac, just released its October 2011 U.S. Foreclosure Market Report™ and the numbers that the national real estate industry leader has compiled are confirming what we’ve been warning folk about for awhile now:  the banks are starting to become active...

Florida Foreclosure Crisis This Week: Feds Intro New Underwater Mortgage Help Via HARP and Florida Supreme Court Foreclosure Mediation Report is Released

HARP was revised this week by the federal government in the hopes that up to 1 million Americans with underwater mortgages can get refinancing through a program overseen by Fannie Mae and Freddie Mac. Expanding HARP is a big deal; President Obama held a news...

Florida Supreme Court Orders Review of Florida Mandatory Foreclosure Mediation Program: Why? It’s Not Working.

A few weeks ago, the Florida Supreme Court ordered a review of its 18-month-old mandatory foreclosure mediation program.    (You can read the December 2009 Administrative Order creating the program and the September 26, 2011 Administrative Order reviewing its results...

Florida Homeowners May Lose Their Day in Court: Don’t Be a Lone Wolf When Facing Foreclosure – Get Legal Advice

Right now, Florida’s governor (along with Florida bankers) are moving to change Florida’s system of foreclosing – which currently happens when a lawsuit is filed in the local courthouse – to that of “nonjudicial foreclosures” where...

Attention Florida Homeowners – Have You Stopped Making Your Mortgage Payment? Are You Thinking About Not Paying Your Florida Home Loan Anymore? Here Are Some Things To Consider.

Today, another federal report was released, this time from the Office of the Comptroller of the Currency: seems that mortgage delinquencies are rising again.  Which means that many people are not making that monthly mortgage payment.  As the Wall Street Journal...