Blog

Article:  housingwire.com “Foreclosure processes take longer and even slow the market down in its recovery process in states that require judicial foreclosures, according to Pro Teck. Pro Teck’s monthly Home Value Forecast ranks the single-family home markets in the top 200 core based statistical areas demonstrates the road blocks faced by those in judicial states.Read more

Article: housingwire.com “It’s official. Confirming plans that HousingWire brought to light late last year and further revealed earlier this year, Nationstar Mortgage will indeed be launching a massive rebranding later this year and changing its name to Mr. Cooper. Nationstar CEO Jay Bray confirmed the company’s plan to rebrand as Mr. Cooper during a callRead more

By Nicholas Nehamas “Federal authorities on Wednesday announced a temporary anti-money-laundering crackdown on pricey homes bought secretly with cash in Miami-Dade County and New York City. The new policy will require title insurance companies to identify the true owners of shell companies that pay $1 million or more in cash for homes in Miami-Dade andRead more

Little-known program gives up to $2,000 a year to people buying their first homes. By Donna Gehrke-White | Sun Sentinel “little-known state program that pays first-time homebuyers up to $2,000 a year has more than tripled its number of participants in a year.Administrators expect an even higher surge of homebuyers applying this year as theRead more

Susan Taylor Martin, Times Senior Correspondent |Friday, March 13, 2015   “TAMPA — For Doreen Rosselli, Carrollwood’s Grande Oasis condominium has provided a lushly landscaped refuge from the cacophony of urban life. For Silviya Gregory, a young nurse from Bulgaria, Grande Oasis has meant home in a country where she has no family. And forRead more

Eric Snider | Tampa Bay Business Journal | “If you ever get the creepy feeling that your neighborhood resembles a set from “The Walking Dead,” maybe it’s because greater Tampa Bay ranks way up on the list of zombie foreclosures. These are properties that have started the foreclosure process but never foreclosed and the homeowner has vacated.Read more

Mary Shanklin | Orlando Sentinel | “More than 5,200 Orlando-area houses in foreclosure sat vacant during the second quarter, making the region one of the leading “zombie” foreclosure markets in the country, a new report shows. In Orange, Seminole, Lake and Osceola counties, 22,700 houses and condos were in some stage of foreclosure during theRead more

SUSAN TAYLOR MARTIN | Tampa Bay Times | “In February, a new company in Tampa called RE-710 got a terrific deal. It paid $5,700 for a five-bedroom home valued at $311,000. The same month, RE-710 acquired control of dozens of other houses and condos throughout the Tampa Bay area for just cents on the dollar.Read more

National Mortgage Professional Magazine | “RealtyTrac released its U.S. Foreclosure Market Report for May 2014, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 109,824 U.S. properties in May, a five percent decrease from the previous month and a 26 percent decrease from May 2013 to the lowest monthlyRead more

Staff | Tampa Bay Business Journal | “Tampa socialites Jill and Dr. Scott Kelley have avoided losing their mansion on Bayshore Boulevard to foreclosure. Under a mortgage modification with , the Kelleys have agreed to pay $9,747 per month until they repay the $1.7 million still owed on the house, the Tampa Bay Times said. According to documents filedRead more