Recent Posts in Second Mortgage Category
Posted on Jun 11, 2011 By Florida Foreclosure Defense Attorney
It's really not hard to answer and none of this should come as a surprise. Many of these second mortgages or home equity loans were used as piggybacks to avoid paying mortgage insurance and to ...
Continue reading "Why are Borrowers with Second Mortgages more likely to be underwater?" »
Posted on Jun 1, 2011 By Deborah A. Carman, Esq.
Realizing that the likelihood of ever regaining the equity lost in his Lake Worth home was not good, our client focused on a Strategic Default and sought the advice of several well-known Florida ...
Continue reading "Most believe that there is no way out for Florida’s underwater homeowners, but this is not the case!" »
Posted on Apr 26, 2011 By Florida Foreclosure Defense Attorney
The Carman Law Firm, one of South Florida's most experienced foreclosure defense firms is happy to announce that it has once again avoided foreclosure for another of its many real estate investor ...
Continue reading "Carman Law Firm settles another Bank of America 2nd mortgage for 10% of the outstanding balance" »
Posted on Dec 3, 2010 By Admin
FDIC chairman Sheila Blair is calling on Treasury officials to streamline the loan modification process and require write-downs of second mortgages. Junior liens have been a major obstacle to ...
Continue reading "FDIC Chief Blair Pushes for Write-downs on Seconds" »
Posted on Dec 2, 2010 By Admin
Over the past couple of years, lenders and federal policy makers have pointed to short sales as a way to revive declining housing market while at the same time helping troubled borrowers to avoid ...
Continue reading "Second Mortgages Stand in Way of Short Sales" »
Posted on Aug 18, 2010 By Admin
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" »
Posted on Aug 9, 2010 By Admin
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" »
Posted on Aug 7, 2010 By Admin
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" »
Posted on Aug 4, 2010 By Admin
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" »