Afternoon Briefs: Sheriff bans masks for deputies; judicial panel won’t centralize COVID-19 insurance suits
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
Foreclosure / Attorneys' Fees: where borrower prevailed on argument that dismissal of foreclosure action was required as bank was not entitled to enforce a mortgage contract containing a fee provision, but bank was successful in enforcing deed agreement against borrower, borrower was not a “prevailing party” and was precluded from recovering fees based on provision […]
The Federal Housing Administration's 2018 audits revealed that losses from real estate reverse mortgages destroyed about a third of the taxpayer-guaranteed insurance reserves. The FHA Mutual Mortgage Insurance Fund on November 15 reported an $ 8 billion profit with a $ 1.26 trillion portfolio of loan guarantees for the fiscal year ending September 30. FHA's […]
Chapter 720 / Prevailing Party Fees: developer that successfully defended against association's lawsuit for declaratory and injunctive relief was properly awarded prevailing party attorneys' fees and costs based on Florida Statutes, section 720.305 Holiday Isle Improvement Ass'n, Inc. v. Destin Parcel 160, LLC , No. Foreclosure News
Florida Housing Finance Corporation , Fannie Mae and the Florida Department of Elder Affairs , are partnering together on the Elderly Mortgage Assistance Program to assist owners who have reverse mortgages with tax and insurance payments. Homeowners who meet specific qualifications may be eligible for a two-year forgivable loan of up to $ 50,000. Foreclosure […]
Foreclosure/Loan Modification: foreclosing plaintiff was required to allege and prove default of loan modification agreement after trial court found the loan modification to be the operative agreement.Pijuan v. Bank of America, N.A., Case No. Foreclosure News