Archives
Florida Realtors® Advises Homeowners to Take Summer Holiday Safety Precautions
Many families across Florida and the nation will spend the Fourth of July holiday away from home, soaking up sun on the state’s beautiful beaches, traveling to see relatives or visiting friends for a backyard barbecue
Monitor Issues Interim Report on Relief Provided to Homeowners Under the National Mortgage Settlement
TALLAHASSEE, FL - August 30, 2012 - (RealEstateRama) -- Today, Joseph Smith, Jr., the national mortgage settlement monitor, released an interim report on homeowner relief that the nation’s five largest mortgage servicers have provided as of June 30. Based upon figures voluntarily provided by the servicers, but not yet verified by the monitor, more than 23,000 Floridians have received an excess of $1.7 billion in relief under the settlement. The relief provided thus far includes first and second lien principal forgiveness, forgiveness of past forbearance, refinancing, and deficiency waivers. The report also details the servicers' progress on reforming their servicing practices as required by the settlement agreement. The interim report includes a timetable for future reports with the monitor’s first audited report expected in April 2013
Posey Legislation Would Halt Overzealous Regulators from Arbitrarily Penalizing Banks Working With Businesses and...
Washington, DC - June 7, 2011 - (RealEstateRama) -- Congressman Bill Posey (R-FL) was joined by 17 of his House colleagues in introducing legislation to aid economic recovery by preventing federal bank regulators from arbitrarily penalizing community banks for working with borrowers to modify their loans or accepting mortgage payments from someone other than the borrower. Since the 2008 financial crisis, federal bank regulators have been unnecessarily obstructing the ability of community banks to make and modify loans to small businesses and mortgage recipients.
Rooney Urges Struggling Homeowners to Attend Free Workshops for Mortgage Assistance
Stuart, FL - April 9, 2010 - (RealEstateRama) -- Congressman Tom Rooney (R-Fla.) today advised struggling homeowners in South Florida to take advantage of an opportunity this month for free counseling and guidance to help reduce their monthly mortgage payments. The event, hosted by the Neighborhood Assistance Corporation of America (NACA), will take place in Miami from April 15-19.
Kendrick Meek and the Housing Market: Main Street Must Prosper Again
WASHINGTON, DC - February 23, 2010 - (RealEstateRama) -- Kendrick Meek today released the following statement regarding President Obama's decision to use funding from the Troubled Asset Relief Program (TARP) to support Florida homeowners and stabilize the housing market
CFO SINK TALKS ABOUT SOLUTIONS FOR HOMEOWNERS AT HOUSING HELP ROUNDTABLE
TALLAHASSEE, LF - October 20, 2009 - (RealEstateRama) -- Florida CFO Alex Sink today highlighted two initiatives she started to bring real, tangible help to Florida homeowners facing foreclosure, and heard from community groups and homeowners who are on the frontlines of tackling the state’s housing crisis.
McCollum: Orange County Legal Aid to Get $84,000 Through Mortgage Foreclosure Defense Fund
TALLAHASSEE, FL - August 31, 2009 - (RealEstateRama) -- Attorney General Bill McCollum and The Florida Bar Foundation today awarded $84,000 to the Legal Aid Society of the Orange County Bar Association, Inc. to be used for a new foreclosure defense assistance program. The program is funded by money obtained by the Attorney General through a settlement with Countrywide Financial. A total of $4 million will be available over two years to fund additional lawyer and paralegal positions devoted to providing free assistance to homeowners facing foreclosures who cannot afford legal defense.
CFO SINK WORKS TO PROTECT FLORIDA HOMEOWNERS AND BOOST HOUSING MARKET
TALLAHASSEE, FL - April 16, 2009 - (RealEstateRama) — Florida Chief Financial Officer Sink joined Florida Realtors® and Sadowski Workforce Housing Coalition members during two separate events today to promote her efforts to protect Florida homeowners. As a champion for homeowners, CFO Sink underscored her department’s My Safe Florida Home (MSFH) program and efforts to address Florida’s high rate of home foreclosures.
McCollum Unveils Website to Help Homeowners Avoid Mortgage Fraud-Related Scams
TALLAHASSEE, FL – Attorney General Bill McCollum today unveiled a new website designed to help homeowners avoid mortgage fraud-related scams. The website, at provides consumers with easy access to current investigations, complaint forms, and tips to identify and avoid foreclosure rescue fraud. Foreclosure rescue fraud, or fraud involving loan modifications related to foreclosures, is the complaint topic most commonly reported to the Attorney General’s Office and involves the charging of an up-front fee for foreclosure rescue services before any services are provided, if they are provided at all.
Community Services alerts homeowners to new federal Web site
TAVARES, FL - March 30, 2009 - (RealEstateRama) — The Lake County Department of Community Services is alerting local homeowners to a recently launched federal government Web site (www.MakingHomeAffordable.gov) that outlines information about the President’s loan modification and refinancing program
CFO SINK ASKS FLORIDA LENDERS TO APPOINT MORTGAGE FORECLOSURE NEGOTIATORS
TALLAHASSEE, FL - February 25, 2009 - (RealEstateRama) — With the goal of helping more Florida families stay in their homes, Florida Chief Financial Officer Alex Sink today urged each of Florida’s largest mortgage lenders to appoint an ombudsman to facilitate interaction between lenders, attorneys, and Florida homeowners. Details of the proposal were outlined in a letter sent today to 11 major mortgage lending institutions.
‘In-Default’ Homeowners Take Their Lenders to Court
Outreach Housing network opens nearly 500 cases against fraudulent lending institutions
MARGATE, Fla., Feb. 8 /PRNewswire/ -- Just one month ago, Outreach Housing LLC (http://outreachhousing.org)...
Homeowners optimistic: 77% believe homes held or increased value in 2007
SEATTLE – Feb. 7, 2008 – Despite highly publicized reports of a home sales slump and pricing slides, homeowners remain upbeat. While most homes...
Data: U.S. Rep. Kendrick Meek Can Act To Save 2,462 Homes In Congressional District...
Estimate of Number of Homeowners Who Could Save Home Based on Publicly Available Data from Center for Responsible Lending; Rep. Meek Urged to Support...
GOVERNOR CRIST PRAISES HISTORIC TAX CUTS FOR FLORIDIANS
TALLAHASSEE – Governor Charlie Crist today visited homeowners in Miami, Fort Myers, Tampa and a Fort Walton business owner to discuss the opportunity Florida...
400 Foreclosed Florida Homes Hit Auction Block
Valued from $50,000 to over $800,000, the Homes Will Be Auctioned October 15-21 in Daytona Beach, Destin, Fort Lauderdale/Miami, Fort Myers, Jacksonville, Melbourne, Orlando,...
Unfinished CitySide aggravates homeowners
WEST PALM BEACH — To take a shower in his new townhouse, Jeffrey Estis performs a complicated choreography.
First he turns on the shower...