Loan Modifications

SOUTH FLORIDA MORTGAGE AND DEBT SETTLEMENT LAWYERS MORTGAGE DEBT SETTLEMENT IN FLORIDA A recent news article predicts a steep increase in line of credits and HELOC foreclosures this year based on...

Many buyers and sellers are on pins and needles… not knowing whether to take the plunge and buy a property or place their homes on the market and...

In a push to simplify mortgage modifications and assist homeowners that could not previously qualify under the traditional modification and Making Home Affordable Program, the FHFA (Federal Housing Finance Agency) announced...

MIAMI DADE LOAN MODIFICATION AND FORECLOSURE ATTORNEYS While the  Making Homes Affordable Program may have expired (the last date for submission was December 30, 2016 and has not been extended by the...

Beginning January 2014, new CFPB (Consumer Financial Protection Bureau) rules to protect homeowners and consumers shopping for home mortgages went into effect.  The rules sharply reduce the runarounds...

Recent changes in the handling of FHA loans under the Making Homes Affordable Program  under the Home Affordable Modification Program, has now made it significantly easier for underwater homeowners with FHA loans to...

The Responsible Homeowner Refinancing Act of 2013 was reintroduced this week for approval by Congress. This bill, if passed, will benefit responsible homeowners who have stayed afloat and maintained their...

Shocking news hit the internet last week about Bank of America and its deliberate denial of Loan Modifications to hundreds of thousands of borrowers.  In a pending class...

Underwater borrowers these days have many options… and bankruptcy does not have to be one of them.  Often time, a borrower comes into my office, has stopped paying...

In an announcement Thursday afternoon, the Consumer Financial Protection Bureau said it will engage in additional foreclosure protection to consumers. The announcement comes on the heals of a recorded $16...

As the third round of foreclosure review checks went out Friday, my office is inundated with calls as to what these checks represent, and more importantly, will depositing...

According to The Miami Herald, “Florida claimed first place in the nation in foreclosure activity in January – eclipsing much larger California, according to data in RealtyTrac”  – The...

Yesterday we had the honor of calling up yet another client to advise of his loan modification approval and a more than $200,000 principal reduction on his loan.  This...

On Friday, January 18, 2013, Fannie Mae and Freddie Mac announced changes to their servicing requirements for short sales. These changes apply to all Fannie Mae and Freddie...

SOUTH FLORIDA REAL ESTATE AND MORTGAGE CLOSING LAWYER FHA/VA loans and Jumbo Loans have changed.  If you are a foreign national borrower or self employed, it is also now easier...

My firm has been working on a loan modification for a client for three months now. The borrower was not your typical borrower.  He had larger than typical...

SOUTH FLORIDA REAL ESTATE AND MORTGAGE CLOSING LAWYER While we are not in yet another mortgage and real estate bubble, the recent hurricanes and loan and mortgage forbearances caused many...

It is estimated that 40 percent of loan modifications fail and the borrowers default the first time around.  It is no surprise, as many are locked into a...

If you are a service member and having difficulty paying your mortgage, the Making Home Affordable Program has options available to assist you.  You may be eligible for HAMP modification if: You...

If you are  currently unemployed, and having difficulty paying your mortgage, the Making Home Affordable Program has options available to assist you.  You may be eligible for the HOME AFFORDABLE UNEMPLOYMENT...