by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Homestead, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Loan Modification, Real Estate, Underwater Mortgage
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... by Larry Tolchinsky | Florida Condominium Law, Florida Corporations, Florida Foreclosures, Florida Law, Foreclosure Fraud, Home Loan Fraud, Loan Modification, Local Lawyers, Short Sales, Underwater Mortgage, Wrongful Foreclosure
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... by Larry Tolchinsky | Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Foreclosure Fraud, Home Loan Fraud, Loan Modification, Real Estate, Underwater Mortgage
Underwater mortgages are a serious problem here in South Florida. When home loan balances are higher than the fair market value of the home itself, the homeowner is “upside down” on his or her mortgage. This scenario increases the temptation for the... by Larry Tolchinsky | Florida Corporations, Florida Domicile, Florida Foreclosures, Florida Homestead, Florida Law, Florida Real Estate, Loan Modification, Real Estate, Underwater Mortgage
Would you like your mortgage to be cut in half? Well, for many mortgage holders of home loans held by Bank of America and JP Morgan Chase, it just might happen. This week, the New York Times reported that these two banks, two of the country’s biggest lenders,... by Larry Tolchinsky | Florida Domicile, Florida Foreclosures, Florida Homestead, Florida Real Estate, Foreclosure Fraud, Loan Modification, Real Estate, REO (Real Estate Owned), Short Sales, Underwater Mortgage, Wrongful Foreclosure
Standard & Poor’s is an internationally-recognized financial markets analysis company, providing a number of research statistics and indices to help measure what is happening in the American economy. You may recognize its stock index, the S&P 500, which...
