Breaking News for Florida Homeowners in Foreclosure

However, the key in this case is not the date of the initial default, it is the continuation of the defaults as noted and cited in the court’s conclusion.  The court concludes that the bank has the right to a separate foreclosure action if Mr. Bartram continued to default of his payments within the previous five years.

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Deed in Lieu of Foreclosure vs. Short Sale

Going through foreclosure is one of the most stressful and traumatic experiences that anyone can face. Our homes are not just financial investments but emotional ones as well. By the time you actually get to foreclosure you’ve probably tried everything you can to salvage the situation.

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Federal Rate Hikes and the Mortgage: What You Can Do

No news is good news, and we’ve got news. For those of you who have been hiding under the desk with the wastebasket over your head, the Federal Reserve agreed that the economy is healthy enough to sustain an interest rate hike of one-quarter point or .25 percent.

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November 2015 Florida Housing and Foreclosure Report

As the graph shows, the housing market has bounced back from its 2011 lows but nowhere near the “bubble” values of 2006.  There are signals that we could experience a dip during mid to late 2016.  Depending on your risk perspective, for some that have invested in real estate and have a nice gain, perhaps […]

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Avoiding Panic in Foreclosure

Foreclosure seems like the End Times for anyone affected by it, for the simple reason that it’s usually unfathomable that it can happen to you – until it does.

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American Horror Story: Paying Your Mortgage and Still Being Foreclosed

You see, JP Morgan Chase transferred the loan to Fannie Mae (FNMA), as most lenders do. The FNMA was founded in the Great Depression as a government-sponsored enterprise that would turn mortgages generated by local banks into securities, freeing the banks to reinvest their assets into generating more mortgages to lower and middle income people.

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What To Do if You Are in Foreclosure

Being in foreclosure can be a frightening situation. It creates stress on you and your family, but it is a manageable process. Housing Wire predicts that there will be more foreclosures in 2015 than in 2014 due to a number of economic factors.

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Options to Avoid Losing Your Home

They have very little incentive to try to make matters easier for you. But that doesn’t mean you have no options left. The Home Affordable Refinance Program governs loan modification programs and allows for other services to step in and help you find a solution that fits within your current needs.

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