Though not as common as during the foreclosure crisis, cash sales continue to make up a significant part of Tampa Bay's tight real estate market. That means buyers who have to borrow are often at a distinct disadvantage, especially those hunting for houses under $ 300,000.
Mortgage holders could see their security interest wiped out if a borrower in Texas or Nevada gets a property tax loan where the lien has priority over the first mortgage. Property tax lending is a high-interest-rate multibillion-dollar business that increasingly targets lower-income families and families in financial distress, and it's a growing concern for mortgage…
The Federal Housing Administration today announced expanded mortgage relief to FHA-insured homeowners who live or work in areas impacted by Hurricanes Harvey, Irma and Maria as well as California wildfires and subsequent flooding and mudslides. FHA is instructing mortgage servicers to offer additional options to eligible disaster victims in Texas, Louisiana, Georgia, Florida, South Carolina,…
Despite a tight housing supply, the Greater Las Vegas Association of Realtors reported this month that 2017 was one of the best years on record for local home sales and that home prices continued to increase from the previous year. Despite a tight housing supply, the Greater Las Vegas Association of Realtors reported this month…
In 2013, Bob Lagana filed for bankruptcy, but the couple came to an agreement with TD Bank for a fresh start so they could keep their home. The Laganas made all the payments, they said, but in 2016, TD Bank tried to put the home in foreclosure for nonpayment. Foreclosure News
This is how it works at City Hall. The city gives a mixture of city money and federal money to a community group to build affordable housing. Foreclosure News
On March 20, Florida Governor Rick Scott signed Senate Bill 220 into law. The bill is designed to limit the ability of defendants in foreclosure proceedings to keep contesting the foreclosure after agreeing, in bankruptcy, to surrender the property to their lenders. Foreclosure News
