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Technology

New Online Freddie Mac Tool Helps Homeowners Navigate Relief Options

For homeowners facing a financial hardship, sometimes it can be difficult to know exactly what options might be available. To help homeowners get a better idea of what is out there, Freddie Mac released the Mortgage Help Navigator, a new online tool that assists homeowners with finding out what relief options might be applicable for them in their specific situation.

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Florida Passes Expedited Foreclosure Bill

Florida Gov. Rick Scott passed a bill Friday he said will help the state's housing market and in turn the state's overall economy. ""This bill expedites an existing voluntary alternative court process for defaulted home loans in uncontested cases when the borrower and the bank both seek a more speedy finality,"" Scott said. Florida H.B. 87 was introduced in January by Rep. Kathleen Passidomo (R-Naples) and passed both state legislatures in May with bipartisan support.

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