Tag Archives: Homeowners Assistance
Mortgage Lender’s’ Responsibility To Be Responsive To A Struggling Homeowner
Homeowners trying to avoid foreclosure may often wonder how to approach their mortgage lender to try and negotiate and try to keep their homes, or at least avoid foreclosure and its negative consequences. Mortgage lenders may not always respond favorably, or may be slow to respond to homeowners, especially if they are not yet… 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 »