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Florida Short Sales Target of Federal and State Legislation: New Proposed Laws to Help Florida Home Owners Trying to Short Sell Their Home

Florida home owners fighting foreclosure, and foreclosure defense attorneys, and Florida lawyers helping with short sales for that matter, may need a bit of good news after dealing with the ramifications of the Florida Supreme Court’s decision in Pino v. Bank of...

Palm Beach Administrative Order Brings Rocket Docket Back to South Florida Foreclosures: What Does This Mean, Good and Bad, to South Florida Home Owners?

Last week, an Administrative Order was issued by the Chief Judge for the Circuit Court of the Fifteenth Judicial Circuit in and for Palm Beach County, Florida that will have a huge impact on Florida home owners and South Florida borrowers dealing with foreclosure...

Second Mortgages Modified While First Mortgage Foreclosures Continue: Big Banks’ Mortgage Shell Game Exposed by NYT Editorial

In Florida, when considering foreclosure issues, most discussions relate to first mortgages.  However, there are many, many homes here in Florida that have more than one mortgage, and these “second mortgages” are now getting some well-deserved attention in...

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...