MOVING PAST A FORECLOSURE AS A FAMILY

Are you and your family facing foreclosure? It can be a devastating and trying time for everyone in the household. Foreclosure occurs when you miss the regular payments on your original mortgage agreement. Once you are past due for over 60 to 90 days, the loan can become accelerated and your entire … [Read more...]

Orlando’s affordable housing crisis is about to implode

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Back in December, Florida Gov. Rick Scott touted that Orlando leads the state in job growth, which is certainly something to be proud of. But Orlando doesn't have a job shortage – it has a shortage of well-paying jobs and places for these people to live. According to the National Low Income Housing … [Read more...]

Delinquencies on the Decline

According to the latest installment of CoreLogic’s monthly Loan Performance Insights Report, nationally 5.3 percent of mortgages were in some stage of delinquency during December 2017. That figure includes mortgages in foreclosure. The total is exactly the same percentage as a year prior in December … [Read more...]

HUD Addresses Concerns About Reverse Mortgage Foreclosures

Reverse mortgages have become a popular—and sometimes controversial—way for Americans to make use of the accrued equity in their homes, especially for older homeowners. The latest controversy surrounds HUD foreclosures on homes participating in the home equity conversion mortgage (HECM) program, and … [Read more...]

Dodd-Frank Modification Bill to Benefit Small Lenders

The United States Senate today voted to advance S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act, after several weeks of debate, amendments, and negotiation. On Wednesday afternoon, the Senate finally voted 67-31 to end debate on the bill, capping many days' worth of … [Read more...]

What Will Dodd-Frank Modification Bill Mean for Housing?

The United States Senate voted Wednesday afternoon to advance S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act, after several weeks of debate, amendments, and negotiation. On Wednesday afternoon, the Senate finally voted 67-31 to end debate on the bill, capping many … [Read more...]