Tag: Mortgage & Real Estate News

Could Distressed Homeowners Be Foreclosed Via Facebook?

Posted by http://www.floridashortsales.info - July 7, 2011 - News

Sounds far-fetched, I know, but then these social media sites are always evolving. It also seems there's a shocking case of this already happening to a homeowner in Australia! A couple living in Australia defaulted on their loan and could not be l Related posts:
  1. Facebook is #1 Most Visited Website of 2010
  2. HUD Revises Disclosure to Protect Military Homeowners
  3. What the Latest Distressed Property Sales Numbers Mean to You
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Poll Reveals Americans Feel Banks Should Pay Illegal Foreclosure Victims

Posted by http://www.floridashortsales.info - July 6, 2011 - News

Homeowners who have suffered through illegal foreclosures thanks to banks like Bank of America should be financially compensated by these lenders, according to results of a new Housing Predictor opinion poll. Banking analysts estimate the number o

Related posts:

  1. Foreclosure Slowdown Gives Investors Advantage Over Banks for Resales
  2. Americans Split Down the Middle About Foreclosure Rescue Efforts
  3. Headed to the Poll Again!

HUD Revises Disclosure to Protect Military Homeowners

Posted by http://www.floridashortsales.info - July 5, 2011 - News

HUD has just revised its Notice of Disclosure form so that the rights of active duty military (and their dependents) are protected under the Servicemembers Civil Relief Act. Active duty military personnel are entitle to mortgage relief, whether it be

Related posts:

  1. JPMorgan Chase Admits Improperly Foreclosing on Military Families
  2. Foreclosure Protection for Military Extended by Freddie Mac
  3. Campaign Launched by NAR’s HouseLogic to Save Military Families from Foreclosure

More than $300 Billion in Mortgages Repossessed in 2010

Posted by admin - June 30, 2011 - News

Credit rating agency Equifax is reporting a huge number of bank repossessions in 2010, saying banks to possession of $304 billion in foreclosed mortgages. And the number is still rising as we near the halfway point in 2011. To put it in perspectiv

Related posts:

  1. Robo-Signing Scandal Could Cost Banks $20 Billion
  2. Delinquent Mortgages May Outnumber Distressed Sales by 50 to 1
  3. More than 550 Banks Still Owe Government Nearly $150 Billion

Freddie Mac Settles with Major Bankrupt Mortgage Lender

Posted by admin - June 29, 2011 - News

Freddie Mac has reached a settlement agreement with Taylor, Bean & Whitaker (TBW), the bankrupt mortgage lender that was once the 12th largest mortgage lender in the United States. TBW originated, serviced and sold mortgages to Freddie Mac and re

Related posts:

  1. Freddie Mac Offers Las Vegas Agents $1,000 Selling Bonus
  2. Another Mega Bank Settles with Fannie and Freddie for $3 Billion
  3. Freddie Mac Has Record First Quarter REO Sales