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Home Archive by category "Mortgages" (Page 18)

Florida leads nation in vacated foreclosures — and it’s not even close

By joncoats | Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law, Short Sale, Uncategorized | Comments are Closed | 25 June, 2013 | 0

Gray Rohrer | “Florida has more vacant homes in foreclosure than any other state in the nation, easily beating out other large states with troubled housing markets, according to a report released Thursday by RealtyTrac, a California company that tracks distressed properties. There are 55,503 housing units in foreclosure in Florida that are vacant. That’s 33Read more

Florida leads U.S. in vacated foreclosure homes

By joncoats | Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law, Short Sale, Uncategorized | Comments are Closed | 24 June, 2013 | 0

winknews.com | “RealtyTrac® (www.realtytrac.com), the leading online marketplace for real estate data, today released a report showing that as of June owners had vacated 167,680 foreclosure properties nationwide, representing 20 percent of all U.S. properties in the foreclosure process. These owner-vacated foreclosures are in addition to 544,274 bank-owned homes nationwide that have been foreclosed onRead more

The Florida Fair Foreclosure Act (House Bill 87 )

By joncoats | Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law, Uncategorized | Comments are Closed | 21 June, 2013 | 0

  Article By: Alexander Dobrev | “House Bill 87, also known as the Florida Fair Foreclosure Act, has successfully made its way through both chambers of the legislature, ordered “enrolled” as of the date of this writing, and should be on its way to the Governor’s desk in the very near future. So what does thisRead more

Federal housing offices to close in worst foreclosure areas

By joncoats | Florida Law, Foreclosure Law, Mortgages, Real Estate Law, Uncategorized | Comments are Closed | 21 June, 2013 | 0

By Jennifer Liberto @CNNMoney | Tampa homeowners probably need the government’s help more than in other places. After all, Florida’s Tampa Bay reported the nation’s third highest rate of foreclosures as recently as May. But those seeking in-person help from the government will be out of luck. The federal housing department, which handles such things as emergency placementsRead more

Homeowners facing foreclosure to feel effects of sped-up process

By joncoats | Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law, Short Sale, Uncategorized | Comments are Closed | 17 June, 2013 | 0

By Lauren Carroll, Times Staff Writer | “Homeowners facing foreclosure should prepare for speedier judgment than they might expect. Last week, Gov. Rick Scott approved legislation intended to expedite the foreclosure process, which led the Pinellas-Pasco Circuit to make changes that will affect lenders and buyers. Currently, the average Florida foreclosure case lasts about 900 days. ChiefRead more

Bank of America Lied To Home Owners, Former Workers Allege

By joncoats | Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law, Short Sale, Uncategorized | Comments are Closed | 16 June, 2013 | 0

By Michelle Conlin and Peter Rudegeair | (Reuters) – “Six former Bank of America Corp employees have alleged that the bank deliberately denied eligible home owners loan modifications and lied to them about the status of their mortgage payments and documents. The bank allegedly used these tactics to shepherd homeowners into foreclosure, as well asRead more

Controversial Foreclosure Law

By joncoats | Florida Law, Foreclosure Law, Mortgages, Real Estate Law, Short Sale, Uncategorized | Comments are Closed | 14 June, 2013 | 0

WJHG | “A fast-track foreclosure will shorten the length a homeowner has to fight a bank. Governor Scott signed the Republican-driven bill and it is now the law in Florida. “It’s going to make sure we have a timely foreclosure process. So our families make sure they can keep their homes,” said Governor Rick Scott. Scott saysRead more

Speeding up foreclosures could leave families homeless

By joncoats | Florida Law, Foreclosure Law, Mortgages, Real Estate Law, Uncategorized | Comments are Closed | 14 June, 2013 | 0

Reported by: Amanda Warford | JACKSONVILLE, Fla. — “Look around, there’s probably a foreclosure in your neighborhood, and those homes can sit empty for years due to a huge backlog in Florida courts. Since 2008, when the average foreclosure took five months, the process has been known to last as long as 814 days. This week, Gov.Read more

Foreclosures Jump as Banks Bet on Rising U.S. Home Prices

By joncoats | Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law, Short Sale, Uncategorized | Comments are Closed | 13 June, 2013 | 0

By Dan Levy & Heather Perlberg | “Home repossessions in the U.S. jumped 11 percent in May after declining for the previous five months as rising prices and limited inventory for sale across the country spurred banks to complete foreclosures . Lenders took back 38,946 homes, up from 34,997 in April, according to Irvine, California-based data firmRead more

Florida Foreclosure Bill Signed Into Law

By joncoats | Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law, Uncategorized | Comments are Closed | 12 June, 2013 | 0

HispanicBusiness.com | “A foreclosure bill emerged from Florida‘s legislature and found its way to the governor’s desk. The new law expedites foreclosures on abandoned properties and reduces the window of time for lender to obtain a deficiency judgment. Florida Gov. Rick Scott was busy on Friday, signing 34 state bills into law — including a bill knownRead more

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  • Home
  • Attorney Information
    • Jon B. Coats Jr.
    • Ryan Schmidt
    • J. Patrick Walsh
    • Martha Bolton
    • Alexis Moore
    • Kimberly Sproat
    • Amanda Drummond
  • Practice Areas
    • Business Litigation and Transactions
    • Concierge Legal & Advisory Services
    • Corporate Intelligence & Due Diligence Investigations
    • Condo & HOA Representation
    • Real Estate Litigation and Transactions
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    • Commercial Loan Documentation
    • Landlord / Tenant
    • Foreclosure Defense
  • Resources
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  • Contact Us
Coats Schmidt, P.A.