Florida now has the highest foreclosure rate nationwide, and it is becoming a major problem. Of the 10 metropolitan areas with the highest foreclosure rates, seven are in Florida. In 2012, foreclosure filings jumped 20 percent, and one in five mortgages in the state are currently delinquent. According to the Orlando Sentinel, Seminole County Judge … Read more
Florida has the Nation’s Highest Foreclosure Rate
Posted on January 23, 2013 byTags: Florida Real Estate
Chase Offers a New Approach to Help Customers Refinance Their Loans and Avoid Foreclosure
Posted on September 6, 2012 byIn addition to the struggle with mortgage payments, homeowners who are undergoing foreclosure have to spend hours submitting documentation to mortgage servicers only to be asked to resubmit more paperwork. Five of the largest mortgage servicers in the country have agreed to stop foreclosure abuses and issues with documentation. Some of the servicers have opted … Read more
Tags: Florida Real Estate
The Importance of a Hardship Letter
Posted on May 23, 2011 byA major procedure that borrowers often overlook in loan modification issues is the hardship letter. To apply for any mortgage assistance that involves cutting your monthly payments to match your current financial standing, banks and lenders require you to write a hardship letter, which contains the reasons for the default as well as your next … Read more
Tags: Debt Collection under Florida law | Florida Real Estate
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