Blog Posts in May, 2011
Posted on May 31, 2011 By Deborah A. Carman, Esq.
I"m writing this only because I received a letter today (see below) from my clients thanking my firm and felt it should be shared with everyone. My clients were in an extremely bad situation; ...
Continue reading "Three Mortgages, a Deed-In-Lieu of Foreclosure, No Deficiency and an $11,000.00 Check?" »
Posted on May 16, 2011 By Admin
At a town hall meeting in Washington, D.C. President Obama made a public call for mortgage lenders and servicers to provide struggling homeowners with longer-term modifications and principal ...
Continue reading "Wake Up… the Government is not going to get you a better Loan Modification, no less a Principal Reduction." »
Posted on May 10, 2011 By Admin
Home values in the United States fell faster in the first quarter of 2011 than they have in any quarter since 2008, when the housing market experienced its worst performance, according to a new report ...
Continue reading "More Homes Underwater as Values Post Sharpest Drop Since 2008" »
Posted on May 5, 2011 By Deborah A. Carman, Esq.
The mediation program ordered by the Florida Supreme Court to prevent foreclosures has helped only 2,162 homeowners keep their homes. That's just 3.7 percent of 57,909 foreclosure cases sent to ...
Continue reading "Florida’s foreclosure mediation program falls flat" »
Posted on May 5, 2011 By Admin
BY: CARRIE BAY The national home price index from Clear Capital has officially entered double-dip territory. The company says data through the end of April has pushed its reading of national home ...
Continue reading "Home Prices Have Officially Double-Dipped" »
Posted on May 2, 2011 By Deborah A. Carman, Esq.
I have noticed over the past several weeks that suddenly everyone believes they can sit back and wait for the Attorney General's throughout this country to save their homes. Homeowners that have been ...
Continue reading "It's Time for a Reality Check" »