Foreclosures
Martinez Hosts Homeownership Preservation Forum for Residents In Manatee & Sarasota Counties
October 22, 2008 Posted by Florida RealEstateRama
Representatives from Senator Martinez’s Office, government and non-profit housing counseling agencies, and lenders will assist homeowners facing foreclosure
WASHINGTON, D.C. - October 22, 2008 - (RealEstateRama) — U.S. Senator Mel Martinez (R-FL) today announced a Homeownership Preservation Forum from 10:00 a.m. to 2:00 p.m. to be held at the Manatee Convention Center in Palmetto on Saturday, […]
MARTINEZ ANNOUNCES $541 MILLION FOR FLORIDA FORECLOSURE ASSISTANCE
September 29, 2008 Posted by Florida RealEstateRama
Florida receives largest portion of federal aid for redeveloping abandoned and foreclosed homes
WASHINGTON, D.C. - September 29, 2008 - (RealEstateRama) — U.S. Senator Mel Martinez (R-FL) today announced more than $541 million in federal foreclosure aid is coming to Florida. The money will be distributed through the state to cities and counties throughout Florida for […]
Mack Denounces Fannie Mae / Freddie Mac Takeover
September 11, 2008 Posted by Florida RealEstateRama
“The recent takeover of Fannie Mae and Freddie Mac goes against everything I stand for as a conservative… It is nothing less than the nationalization of the mortgage industry.” – Congressman Connie Mack
WASHINGTON, D.C. - September 10, 2008 - (RealEstateRama) — Congressman Connie Mack (FL-14) today denounced the U.S. Treasury Department’s takeover of mortgage giants […]
Martinez Warns of Foreclosure Prevention Copycat Groups
September 5, 2008 Posted by Florida RealEstateRama
WASHINGTON, D.C. - September 5, 2008 - (RealEstateRama) — U.S. Senator Mel Martinez (R-FL) today warned Floridians seeking foreclosure prevention assistance to be careful who they call for help. So-called copycat groups have set up toll-free telephone numbers that are nearly identical to the foreclosure assistance hotline established by the nonprofit Homeowners Preservation Foundation in […]
Florida Housing Commends Congress’ Passage of H.R. 3221 - The Most Comprehensive Legislation to Address the Housing Crisis
August 4, 2008 Posted by Florida RealEstateRama
Florida is slated to receive funds to address foreclosure prevention and foster first time homeownership.
TALLAHASSEE, FL - August 4, 2008 - (RealEstateRama) —Florida Housing Executive Director Steve Auger today commended the state’s congressional delegation on the passage of the Housing and Economic Recovery Act of 2008 (H.R. 3221), which provides foreclosure prevention and neighborhood stabilization funding to […]
HOPE NOW Adopts New Guidelines to Speed Help to Homeowners Facing Foreclosure
June 23, 2008 Posted by Florida RealEstateRama
HOPE NOW, the industry alliance of mortgage lenders, servicers, investors, and counselors, today announced that its servicer members have agreed to a uniform set of procedures and guidelines that will greatly enhance the ability of homeowners to quickly receive the help they need and ensure that the assistance process is respectful, understandable, and transparent.
Florida No. 2 in failed loans as foreclosures surge
June 9, 2008 Posted by Florida RealEstateRama
Martinez: Congress Must Take Additional Steps to Help Stem Mortgage Crisis
April 14, 2008 Posted by Florida RealEstateRama
Senator urges bipartisan cooperation to address issues affecting homeowners and larger economy
WASHINGTON - U.S. Senator Mel Martinez (R-FL) today called for quick action by Congress to address the ongoing mortgage crisis affecting Florida and the nation. In a speech on the Senate floor, Martinez called for specific solutions to help alleviate the fallout of the […]
Mortgage meltdown dampens state’s commercial real estate outlook
March 19, 2008 Posted by Florida RealEstateRama
GAINESVILLE, Fla. – March 19, 2008 – Fallout from the subprime meltdown is now spreading from the residential to commercial real estate sectors, but the outlook for Florida remains stable because of the fundamentals of good climate and in-migration, according to the latest University of Florida survey.
Provident Bankshares Corporation to Write-Down Investments and Increase Loan Loss Provision
January 11, 2008 Posted by Florida RealEstateRama
BALTIMORE, Jan. 11 /PRNewswire-FirstCall/ — Provident Bankshares Corporation (Nasdaq: PBKS), the parent company of Provident Bank, announced today that it has written down a significant portion of its REIT trust preferred securities portfolio. In addition, the Company has increased the provision for loan losses to reflect the inherent increase in loss rates in its real […]
First Florida Financial Group, LLC Launches DeadDeals.net Buys Un-Closeable Mortgage Deals/Leads
January 11, 2008 Posted by Florida RealEstateRama
Fort Myers, Fla., Jan. 10 /PRNewswire/ — DeadDeals.net purchases qualified un-closeable mortgage and foreclosure leads from mortgage brokers and loan officers throughout the state of Florida. They pay between $50 and possibly up to $500 for each lead, in an effort to feed their CashToolBox.com Program.
Outreach Housing LLC Addresses National Foreclosure Crisis, Defending Victims of Lending Industry and Offering $1.2 Billion in Defensive Relief
January 3, 2008 Posted by Florida RealEstateRama
MARGATE, Fla., Jan. 3 /PRNewswire/ — With home foreclosures reaching record highs, the New Year is ringing in fresh fear and serious worries for hundreds of thousands of Americans. In 2008, many will unjustly lose their homes due to their inability to defend themselves against aggressive mortgage lenders and all-too-common errors in the lending process.
Are You in Foreclosure? Hope Now Not Helping Now?
December 18, 2007 Posted by Florida RealEstateRama
Real Estate Radio USA to reinstate mortgages for listeners in foreclosure
FORT LAUDERDALE, Fla., Dec. 18 /PRNewswire/ — Real Estate Radio USA (http://www.realestateradiousa.com), a leading Internet talk radio show, is taking the initiative to help stop the foreclosure crisis by offering to reinstate the mortgages of those in homeowners in foreclosure.
1-800-SELL-NOW Says Rise in Existing-Home Sales Forecast by National Association of Realtors(R) is on the Money but Only for Creative Sellers
December 13, 2007 Posted by Florida RealEstateRama
DELRAY BEACH, Fla., Dec. 13 /PRNewswire/ — Forget the “For Sale” sign in the front yard. The subprime mortgage meltdown is forcing home sellers to find new ways to attract buyers. Enter 1-800-SELL-NOW, a national real estate investment specialist which holds the contrarian view that excellent investment opportunities exist for those with liquidity and creativity […]
Home Buyers Rush to 321gone.com to Find Their Dream Home
November 28, 2007 Posted by Florida RealEstateRama
This new and innovative website lets buyers search for great deals on homes, townhomes, condos and land for free
WESTON, Fla., Nov. 28 /PRNewswire/ — In today’s real estate market home buyers are looking for a great deal.