Tag Archives: Florida Foreclosure Assistance Program
Financial Impact Of A Foreclosure
One of the greatest fears that a person has when facing foreclosure, other than the fear of losing their home, if the long-term effect of the foreclosure on their financial life, especially their credit score and employment. Generally, homeowners do not have a choice when it comes to whether or not they are going… Read More »
Mortgage Settlements And Homeowners
Another large bank, HSBC, agreed to a settlement amounting to $420 million for past mortgage origination, servicing, and foreclosure abuses. Some of these funds are expected to go directly to an estimated 6,400 homeowners who have to apply for the funds in order to receive them. This settlement is not the first of its… Read More »
Homeowners’ Access To Florida’s Foreclosure Assistance Program
Despite having the country’s worst foreclosure rates, Florida has been cited as having the lowest distribution rates of federal funds aimed at helping homeowners facing foreclosure. According to an October 6, 2015 report by the Special Inspector General for the Troubled Asset Relief Program, Florida has failed to help as many homeowners as was… Read More »
