State Housing Agency Slow to Offer Help, Detractors Say
A state program created nearly two years ago to help 40,000 unemployed or underemployed homeowners has approved funding for fewer than 8,100 as of Dec. 1, records show...
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State Housing Agency Slow to Offer Help, Detractors Say

Published January 3, 2013 |Posted in Estate Planning Attorney

Amid criticism, Florida Housing Finance Corp. says it wants to offer new program for underwater homeowners
State Housing Agency Slow to Offer Help, Detractors Say

A state program created nearly two years ago to help 40,000 unemployed or underemployed homeowners has approved funding for fewer than 8,100 as of Dec. 1, records show. Some critics say eligibility requirements for the Hardest Hit Fund are too restrictive, while others accuse Florida housing officials of not working fast enough. “Sure looks like the state is still dragging its feet,” U.S. Sen. Bill Nelson, D-Fla, said in an emailed statement Thursday. The Florida Housing Finance Corp. defended its handling of the Hardest Hit program, saying it loosened the eligibility standards earlier this year to reach more, including those …

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RealtyTrac: Florida leads in foreclosures yet again

Published January 3, 2013 |Posted in Foreclosure

RealtyTrac: Florida leads in foreclosures yet again
RealtyTrac: Florida leads in foreclosures yet again

Florida has the nation’s highest foreclosure rate for the third month in a row, a report shows. One in every 304 homes in the Sunshine State was in some stage of foreclosure during November – more than twice the national average, according to the RealtyTrac Inc. listing firm. Florida had 29,612 filings last month, up 20 percent from a year ago. Still, the number was less than half of the state’s peak: 64,588 filings in April 2009. “Foreclosures will continue to hold back the Florida market as long as they linger, but the worst is over,” RealtyTrac spokesman Daren Blomquist …

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How Bad BPO’s Kill Short Sales

Published January 3, 2013 |Posted in Estate Planning Attorney