Tag Archives: foreclosures

Second wave of foreclosures?

While we continue to closely monitor the toll that residential foreclosures are taking on our home values, the long-feared second wave of economic trouble from all those deserted strip malls, office parks and industrial complexes across the land has so… Continue reading

Posted in Mortgages | Tagged , , , | Comments Off on Second wave of foreclosures?

How GIs fight foreclosure

Put yourself in their combat boots: You bought a home during the housing boom only to be forced to sell it during the housing bust due to a base transfer or deployment to a combat zone. It wasn’t your call but you’ll be saddled for years with the finan… Continue reading

Posted in Mortgages | Tagged , , , , | Comments Off on How GIs fight foreclosure

Can the lawyer be the lender?

Borrowers who are facing a foreclosure lawsuit and can’t afford an attorney to fight their mortgage lenders in court have limited options — unless their lawyers get creative.
Late last year, Florida foreclosure defense attorney Peter Ticktin thought h… Continue reading

Posted in Mortgages | Tagged , , , , | Comments Off on Can the lawyer be the lender?

Help rewrite fed mortgage form

Following on the heels of its overhaul of credit card disclosures announced in March, the Consumer Financial Protection Bureau, or CFPB, last week launched its “Know Before You Owe” project, a similar attempt to streamline and clarify government-requir… Continue reading

Posted in Mortgages | Tagged , , , | Comments Off on Help rewrite fed mortgage form

Mowing the foreclosure’s lawn

Who’s paying to mow the lawn at that foreclosure down the block? If you own a life insurance policy, chances are it’s you, mate. Not only that, but you’re probably getting hit for twice what the guy doing the mowing is pulling down.
A recent interview … Continue reading

Posted in Mortgages | Tagged , , | Comments Off on Mowing the foreclosure’s lawn

Welcome to ‘housing purgatory’

I blinked twice at the figure: 638 days. That’s the average time it takes from an initial missed mortgage payment for the bank to complete foreclosure proceedings and change the locks here in Florida, the Foreclosure State. Nearly two years of free ren… Continue reading

Posted in Mortgages | Tagged , , , | Comments Off on Welcome to ‘housing purgatory’

Punch line to foreclosure-gate

When the banking bigs and the feds decided to turn the page and sweep “robogate” under the rug last December, it left me wanting. Not for anything as corny as justice or compassion, though both would go a long way in this foreclosure quagmire in which … Continue reading

Posted in Mortgages | Tagged , , | Comments Off on Punch line to foreclosure-gate