Tag Archives: Mortgage Modification

Foreclosure Settlements Expiring for Homeowners

Time has run out for millions of homeowners who lost their home to foreclosure in 2009 and 2010 to have their cases reviewed for errors. As part of a settlement between federal bank regulators and mortgage servicers, homeowners whose cases … Continue reading

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Foreclosures Still Plaguing South Florida

In 2013 the housing market in South Florida has been rebounding with rising home prices and sales. At the same time, over 40 percent of mortgaged homes in the state’s biggest market, Miami, remain underwater financially, according to Corelogic. This … Continue reading

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September News Letter

Short Sales Unless Congress grants an extension, a law created in 2007 to help troubled homeowners expires at the end of this year, homeowners will be unable to avoid paying taxes on forgiven debt for their primary residences. Some sellers … Continue reading

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Short Sale Homeowner Receive Tax Relief For Three More Years: Mortgage Forgiveness Debt Relief Act Explained

Homeowners who are victims of the burst housing bubble found a solution to their plummeting home values and their underwater mortgages in the popular trend of short sale transactions. This act of allowing the lender to accept the sale of … Continue reading

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June 2012 Newsletter

Short Sales Making Home Affordable (MHA) Program was introduced by the Obama Administration in 2009 – to stabilize the housing market and help struggling homeowners obtain relief and avoid Foreclosure. The program consist of several smaller programs including the Home … Continue reading

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