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Foreclosures Archives

Foreclosure update: Persistent "trouble spots" in Florida buck trend

There appears to be some firm traction undergirding sustained improvements in the realm of foreclosures nationally, although the evidence supporting that is tempered by outsized variances in foreclosures regionally and in certain states.

New Robo-Signing Scandal?

Many Florida homeowners still cringe when they hear the word "robo-signing." This is the process that many mortgage companies used when processing foreclosure claims against delinquent homeowners. Instead of carefully reviewing each case, companies would mass produce documents that did not provide specific information against borrowers.

Foreclosure crisis impacting many children in Florida

A report was recently released which contains some troubling statistics regarding foreclosures. The report was by First Focus, a bipartisan advocacy group, and it regards the number of children in the U.S. who have been or likely will be touched by foreclosures.

Banks to be fined by Federal Reserve in connection to alleged wrongful foreclosure practices

In the past couple of years, many allegations of wrongful foreclosure practices (such as robo-signing) have been leveled against banks and mortgage service companies. Wrongful foreclosure practices are a very serious matter. Such practices can cause a great deal of harm to homeowners.

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