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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...

Florida Foreclosure Rate Highest in the U.S. For 3rd Month in a Row: Many Florida Home Owners Are Still Fighting the Banks in Foreclosure Defense under Florida Law (Including Tools of Short Sales and Loan Modifications)

Real estate market analyst RealtyTrac has released its U.S. Foreclosure Market Report™ for November 2012 and once again, the experts find that Florida has the highest foreclosure rate in the country – and Florida has had the most mortgage foreclosures out of any...

Will Florida Home Owners Get a Home Loan Mortgage From Walmart? Walmart, Paypal, CostCo and Others Moving into Banking Business: Will Florida Law Protections Be There for You Too? Maybe Not.

People in Florida, particularly South Florida, have learned a lot about how banks work just by reading their newspaper or watching the news.  There have been countless stories written and so much other media coverage of the banking industry related to foreclosure...