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Blog Posts in August, 2010

Government assistance may not be the best option for Florida homeowners

President Obama's foreclosure rescue plan lost its punch a long time ago, just another sign that struggling Florida homeowners should not wait for the government to help deal with their bad mortgage ...
Continue reading "Government assistance may not be the best option for Florida homeowners" »

Just simply throwing some paper at the court to cause a delay is NOT what we do.

While it may be true that there are many attorneys in Florida who claim they are experienced foreclosure defense attorneys , it's not always the case. These are attorneys that simply buy you time and ...
Continue reading "Just simply throwing some paper at the court to cause a delay is NOT what we do." »

Is it Okay to Walk Away?

Yesterday's Wall Street Journal highlights three major developers - Macerich, Vornado Realty Trust and Simon Property Group - that have recently decided to "walk-Away" and default on their mortgages. ...
Continue reading "Is it Okay to Walk Away?" »

Consulting with an attorney is the best option

A recent article in the New York Times reported on how the rich, from Miami to Beverly Hills, are surrendering their homes to foreclosure and simply walking away from what they view as a bad ...
Continue reading "Consulting with an attorney is the best option " »

Are you thinking of withdrawing from your 401(k) account to pay your mortgage?

On Friday, one of the stories making national news was how 401(k) withdrawals have increased drastically . As the article reflects, the main reason for the increases is that people are withdrawing ...
Continue reading "Are you thinking of withdrawing from your 401(k) account to pay your mortgage?" »

Carman Law Firm finalizes short sale for its investor client

The Carman Law Firm, one of South Florida's most experienced foreclosure defense firms is happy to announce that it has negotiated on behalf of one of its many real estate investor clients a short ...
Continue reading "Carman Law Firm finalizes short sale for its investor client" »

Florida Mortgage Delinquency Rate Continues to Rise

The credit repository, Trans Union sees 60-day mortgage lates continuing to drift down nationally to around 6.4 percent by the fourth quarter. However, in Florida the delinquency rate continues to ...
Continue reading "Florida Mortgage Delinquency Rate Continues to Rise " »

'Relatively Few' Loans Will Qualify for FHA Short Refinance Program

This looks like another initiative that will do little if anything to help struggling homeowners across the country. The amount of mortgage loans eligible for the new Federal Housing Administration ...
Continue reading "'Relatively Few' Loans Will Qualify for FHA Short Refinance Program" »

Bank of America, Short Sales and Equator

Over the past several months I've noticed a trend that I believe needs to be addressed. It involves homeowners that have their mortgage with Bank of America and are forced, due to financial hardship, ...
Continue reading "Bank of America, Short Sales and Equator" »

Florida Attorney General Launches Investigation into Three South Florida Law Firms

On Tuesday the Florida Attorney General Bill McCollum's office announced an investigation of Three South Florida law firms. The firms are identified as; The Law Offices of Marshall C. Watson in Fort ...
Continue reading "Florida Attorney General Launches Investigation into Three South Florida Law Firms" »

Carman Law Firm settles 2nd mortgage for 9.8% of the outstanding balance

The Carman Law Firm, one of South Florida's most experienced foreclosure defense firms is happy to announce that we negotiated a short payoff agreement with the mortgage insurer of a mortgage insurer ...
Continue reading "Carman Law Firm settles 2nd mortgage for 9.8% of the outstanding balance" »

HAMP’s New Principal Reduction Alternative Program

Since the housing crisis began we have all been talking about reducing the principal balances of underwater mortgages as a way of addressing the foreclosure crisis and keeping homeowners in their ...
Continue reading "HAMP’s New Principal Reduction Alternative Program" »

Carman Law Firm negotiates short sale with a full release of deficiency and settles 2nd mortgage at 10% of its principal balance

The Carman Law Firm, one of South Florida's most experienced foreclosure defense firms is happy to announce that it prevented foreclosure for another of its many real estate investor clients by not ...
Continue reading "Carman Law Firm negotiates short sale with a full release of deficiency and settles 2nd mortgage at 10% of its principal balance" »

Carman Law Firm settles 2nd mortgage at 10% of its principal balance with a full release of deficiency

The Carman Law Firm, one of South Florida's most experienced foreclosure defense firms is happy to announce that it prevented foreclosure for one of its many real estate investor clients by not only ...
Continue reading "Carman Law Firm settles 2nd mortgage at 10% of its principal balance with a full release of deficiency" »

Carman Law Firm, P.A. is Granted a License to a Loan Disposition analysis system that, in various forms, is used by major banks

We are extremely happy to announce that the Carman Law Firm was granted one of the exclusive licenses for law firms to use the report generated by the REST software system to provide homeowners with ...
Continue reading "Carman Law Firm, P.A. is Granted a License to a Loan Disposition analysis system that, in various forms, is used by major banks " »
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