Good
News as Foreclosures Don't Block New Home Mortgages
Not exact matches
As mentioned previously on the Bronx
News Network, the Governor signed into law a new
foreclosure bill on Tuesday in the Bronx, sponsored by State Senator Jeffrey Klein.
Recent real - estate data show a decrease in
foreclosures in the greater Milwaukee area, yet members of the Milwaukee Common Council are not taking the good
news as reason to rest on their laurels.
Today, RealtyTrac is making the national
news again with its report that the State of Florida has more than twice the number of
foreclosure actions
as any other state in the country.
Yesterday, Florida's
foreclosure situation hit the national
news again,
as NPR picked up WUSF reporter Robin Sussingham's story, «
Foreclosure Process Hammers Florida's Housing Market,» where the impact of Florida's judical process — and our state's judicial
foreclosure system — is considered
as a contributing factor to Florida having the highest
foreclosure rate in the nation, -LSB-...]
There's
news reports that debt collectors are getting pushier and pushier in trying to collect debts — something that comes
as no surprise to Florida
foreclosure defense lawyers, where clients are routinely having to deal with debt collection practices — on the phone, in the mail — sometimes, for the first time in their lives.
News gets better in the housing market
as foreclosure filings dropped to over a three year low in April.
However, even better
news for a Florida home owner would be to negotiate away that deficiency with the lender,
as part of a loan modification, short sale, or
foreclosure defense strategy.
For all of the positive
news about home sales increasing, there's still a dark cloud holding back recovery — struggling home owners continue to be forced into
foreclosure as a result of big banks» foot - dragging on loan modifications.
The Dayton area's
foreclosure crisis is evolving
as more properties move from the control of banks and other lenders into the hands of buyers who are fixing up the homes, a month - long investigation by the Dayton Daily
News showed.