FL homeowners flock to principal reduction program

Using the free legal services from the Florida Hardest Hit fund, homeowners will have advice and representation to make their case for a loan modification, principal reduction, or other solution to their mortgage difficulties. How to qualify for the Florida Hardest Hit Fund. Various hardships will be eligible for assistance. They include

Fannie Mae selling $1.2B in non-performing loans RealtyTrac: Foreclosure activity rising in 2013 Single-family housing starts improve treasury doesn’t want former Fannie CFO in GSE investor lawsuit FHA mortgage insurance premiums won’t be going down in 2015  · Unlike private mortgage insurance (pmi), which has a range of costs depending on the borrower’s credit score and down payment, FHA Mortgage Insurance Premiums (MIP) go by down payment only. Borrowers with less than a 5% down payment are charged 0.85% of the outstanding loan amount each year, while borrowers with more than a 5% down payment are.todd mobraten announces resignation from USRES, RES.NET The agreement between RE/MAX and RES.NET, announced in February, provides RE/MAX agents direct access to RES.NET’s cloud-based platform and enables them to better cultivate relationships and manage transactions, dramatically improving the experience for consumers.pending home sales hit two-year high: NAR Contracts to buy previously owned U.S. homes rose to their highest level in three years in April, but a shortage of properties for sale could slow down the momentum. pending home sales hit three.