Tag Archives: Florida

A Florida man pleaded guilty to fraud charges in connection with a home loan modification scam that targeted distressed borrowers, according to an announcement from Christy Romero, Special Inspector General for the Troubled Asset Relief Program (SIGTARP) and Stephen R. Wigginton, U.S. Attorney for the Southern District of Illinois.

A Florida man has been sentenced to 37 months in federal prison for a fraud scheme perpetrated against businesses and individuals seeking lines of credit, according to an announcement from Christy Romero, the Special Inspector General for the Troubled Asset Relief Program (SIGTARP).

The highest foreclosure rate of any state once again belonged to Florida in November after being displaced by Maryland in October, according to RealtyTrac's U.S. Foreclosure Market Report for November 2014 released Thursday.

While foreclosure completions and foreclosure inventory followed nationwide patterns of decline in Florida for October, the Sunshine State still led all states in both categories during the month, according to CoreLogic's October 2014 National Foreclosure Report released on Thursday.

In an effort to sign more eligible homeowners up for the Home Affordable Refinance Program (HARP), the Federal Housing Finance Agency (FHFA) has scheduled its fourth HARP outreach event on December 5 in Miami.

Bank of America's case against two underwater Florida homeowners who filed for Chapter 7 bankruptcy in order to eliminate the liability on their second mortgages – a practice known as “stripping off” – has made it to the highest court in the nation.

Maryland may have overtaken Florida for the nation's highest foreclosure rate of any state in October, but Florida still led all states by far in bank repossessions (REOs) for the month, according to RealtyTrac's October 2014 U.S. Foreclosure Market Report released Thursday.

LenderLive Network, a domestic-based, end-to-end mortgage services provider headquartered in Colorado, announced the hiring of David Greif as regional account executive representing the company's Correspondent Lending division in Florida.

Foreclosure inventory was down in the Tampa, Florida, area in August but the area still led all core-based statistical areas (CBSAs) nationwide in foreclosure completions over a 12-month period, according to data recently released by CoreLogic.

Statewide, the median sales price for single-family existing homes in August was $181,000, Florida Realtors reported, up 3.4 percent year-over-year. The median price for townhouse-condo properties was $135,000, up 3.8 percent from a year ago.