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County home sales continue to rise at rates concerning to some
Source: Palm Beach Post Palm Beach County home prices in April rocketed to levels not seen since before the economic crash of 2008. Read more…
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Legal aid gets funding boost to help more struggling homeowners
Source: Palm Beach Post WEST PALM BEACH – The Legal Aid Society of Palm Beach County received an infusion of $365,634 in March from the National Mortgage Settlement, allowing it to hire additional attorneys and establish a new foreclosure hot line. Read more…
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Glitch leads to bounced checks in foreclosure program
Source: Palm Beach Post A multi-billion-dollar foreclosure settlement besot with setbacks suffered another debacle this week when restitution checks to an unknown number of borrowers bounced. Read more…
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Real Estate Foreclosures: Florida Leads Nation
Source: ABC News According to real estate data-supplier RealtyTrac, U.S. foreclosure starts increased 2 percent from February to March, the second straight monthly increase following three consecutive monthly decreases. Read more…
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Regulators roll out streamlined mortgage modification program
Source: Los Angeles Times In a push to simplify mortgage modifications, federal regulators announced a streamlined process that doesn’t require borrowers to prove a hardship. Read more…
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Mortgage relief not keeping many in homes
Source: Palm Beach Post Banks signed a $25 billion settlement with 49 state attorneys general following a more than year-long investigation into foreclosure wrongdoing. Signed in March, the agreement gives lenders until 2015 to provide required relief to homeowners. Banks have been contacting eligible borrowers, but homeowners may also apply for the settlement on their…
