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A foreclosure sale isn’t necessarily the end for some homeowners, as one South Florida couple has found. An appeals court last week sided with Cesar and Ruth Vidal, who appealed a Broward County..
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“Fannie and Freddie should continue to underwrite mortgages on properties. and the savings are used to pay back the loan. The Broward study, titled “Green Workforce Innovation Project,” found that.
But thousands of other Broward, Palm Beach and Miami-Dade county homeowners are still. Also starting next month, lenders or loan servicers will be required to go to mediation with Florida borrowers.
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In Florida’s Broward County, where Theocles is based, deals with no mortgages made up 69 percent of sales in. Short sales, where the bank accepts less than the principal on a loan, and foreclosures.
In the Prime Legal case, the company marketed services in English and Spanish, saying it would help homeowners modify their mortgages and have attorneys review loan documents. action by Florida.
Meanwhile, Palm Beach County and Broward County courts are beginning foreclosure mediation programs this month, under an order from Florida’s Supreme Court. The mediation programs, required in all.
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"We’ve definitely seen a surge" in people trying to qualify for home mortgages, said Kevin Maher, community outreach director of Credit Card Management Services in West Palm Beach. Monica Benavides, a.
Foreclosure filings rose last month by 38 percent in Broward County as homeowners struggled with unemployment and "underwater" mortgages. Meanwhile, South Florida remains one of the busiest areas.
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