Blog Posts in July, 2011
Posted on Jul 12, 2011 By Florida Foreclosure Defense Attorney
Source: CNN Money Housing prices are likely to keep falling the rest of this year, and probably won't show much improvement next year either, according to a survey of economists. A CNN Money ...
Continue reading "Housing prices: No rebound in sight" »
Posted on Jul 11, 2011 By Florida Foreclosure Defense Attorney
The $8 billion program launched by the Federal Housing Administration in September to help underwater borrowers refinance into a new mortgage continues to sputter. The FHA Short Refi program was ...
Continue reading "FHA program to help underwater borrowers well-intentioned but predictably doomed" »
Posted on Jul 5, 2011 By Florida Foreclosure Defense Attorney
Hidden inventory stuck in legal system may soon find its way into Lee market By DICK HOGAN dhogan@news-press.com Demand for homes in Lee County is brisk and prices are headed up — that's ...
Continue reading "Foreclosures loom in shadows" »
Posted on Jul 5, 2011 By Florida Foreclosure Defense Attorney
If you think for a split second that the foreclosure crisis is winding down take a look at this article
Continue reading "Delinquencies Outnumber Foreclosures 50:1" »
Posted on Jul 5, 2011 By Florida Foreclosure Defense Attorney
Treasury released new numbers for the Home Affordable Modification Program (HAMP). New this month is data on the program's Principal Reduction Alternative (PRA). Servicers have cut principal ...
Continue reading "HAMP Stats and Principal Reductions" »