Hispanic homeowners in Orlando targeted in loan-modification scheme, HUD says

A Florida company allegedly targeted Hispanic homeowners in Orlando using a “predatory” loan-modification scheme that billed them for thousands of dollars in fees while failing to save their homes, the government charged Tuesday. The U.S. Department of Housing and Urban Development filed the charges against the Advocate Law Groups of Florida and attorney Jon Lindeman […]

FHA Updates Policy for Hurricane Relief to Puerto Rico and U.S. Virgin Island Homeowners

On August, 16, 2018, FHA announced it is updating its foreclosure prevention option for borrowers in Puerto Rico and the U.S. Virgin Islands impacted by hurricanes Irma and Maria. This will give borrowers with delinquent FHA-insured mortgages easier access to bring their mortgages current without an increase in their interest rates or monthly payments. Foreclosure […]