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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…
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January Palm Beach County home sales gain in price and volume
Source: Palm Beach Post It was a quick trip from list date to sale date for the troubled Key West-style house in West Palm Beach’s south end. Read more…
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Palm Beach County foreclosure cases put on fast forward
Source: Palm Beach Post Palm Beach County’s idling foreclosure cases are about to get a kick-start as judges begin setting trial dates for dawdling banks and stalling homeowners. Read more…
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Sadowski housing trust fund should be spent as law outlines
Source: Bradenton Herald The William E. Sadowski Affordable Housing Act is one of those altruistic government programs that serves multiple purposes. Primarily designed to as a dedicated funding source to create more affordable housing for vulnerable and needy Floridians, the 1992 act also provides jobs in the housing industry. Read more…
