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Federal Housing Finance Agency Pushes Banks to Go After Home Owner Borrowers for Deficiencies: October 17 Report Wants More Revenue to Fannie Mae and Freddie Mac From Deficiency Collections

Watch out: yesterday a new report was released by the Federal Housing Finance Agency (FNFA) that finds mortgage bank agencies Fannie Mae and Freddie Mac  could increase their revenue by aggressively going after collection of deficiencies on home loans and on...

Florida Short Sales Success: Home Owners Need to Be Smart and Shrewd in Short Sale Strategies to Get to Closing Before December 31, 2012: Don’t Get Burned in the Fever

Last Update: 02/24/16 With pressure building to get short sales done before the end of the year (when the tax exemption for deficiencies expires), it’s becoming more and more important to help buyers find Florida short sale properties as well as helping sellers...

Bank of America Short Sales in Florida: How Bank of America is Promoting Short Sales to Realtors, Buyers, and Borrowers In Lots of Ways. Here’s a Few – Why Bank of America Shouldn’t Replace Your Lawyer.

This month, Bank of America is hosting a seminar for Florida real estate agents to help them get buyers qualified fast and efficiently.  If you’re interested, it’s being held at the Title Express of Weston on October 30, 2012, at Total Wines, 15980 Pines...

Florida Foreclosure Defense: California’s Jackmon Case – Suing Bank for Failed Modification Agreement – Claiming the Lender Breached a Contract After Deal Was Made to Lower Mortgage Payments

Another court in another state (besides Florida) is considering claims by home owners that they have suffered damages in a breach of their contract for a modified home loan by their lender under the HAMP program (Homeowner Affordable Modification Program).  ...