Category Archives: Mortgage Mediation
What is a Mortgage Modification?
For those struggling to keep up with mortgage payments, it can feel like your options are limited when it comes to fending off a foreclosure, but in truth there are numerous alternatives that can help offer relief to the monthly burden you’re facing. One commonly used method is to seek a mortgage loan modification…. Read More »
Should Cities Be Suing Banks Because of Miami Foreclosures?
Foreclosures have caused people to consider strategic default, short sales and other less-than-ideal situations to cure their underwater mortgage. Now, it appears cities and counties are considering suing the banks that created the problem in the first place. At least that’s one option the city of Detroit is considering, according to The Michigan Citizen…. Read More »
Occupy Movement Forces Bank’s Hand and Helps Homeowner Get Loan Modification in Miami
A woman staged a protest, with some good friends from the “Occupy” contingent and forced her bank to modify her loan so she would stay in her house, MSNBC reports. It’s a bold move, but one that paid off. Most homeowners aren’t so bold. Many are so beaten down by failed negotiations with the… Read More »
Banks Fool Miami Homeowners Who Participate In Loan Modification Program
A recent NBC News report details how the government’s loan modification program has actually made things worse for people battling foreclosure in Miami and elsewhere. These government-backed programs have done little to help struggling homeowners. You can’t rely on the government and you certainly can’t bank on the banks trying to help you if… Read More »
Mediation Touted As a Key to Stopping Miami Foreclosures, But It Rarely Works
Fourteen states now have mediation programs in place, a U.S. Department of Justice report states, but they are rarely used, as banks would prefer to forge ahead with a foreclosure than take the time to work with homeowners, an article published on MSNBC.com reports. Miami Foreclosure Defense Attorneys have seen that mediation programs typically… Read More »
Great Depression Provides Lessons for Miami Mortgage Foreclosures
St. Louis Fed Vice President David Wheelock noted in a 2008 article that Miami foreclosure homeowners can learn some lessons from how the country’s forefathers handled such a crisis during the Great Depression. Miami foreclosure attorneys understand that dealing with a foreclosure on your house, your business or other properties can be stressful, frustrating… Read More »
Facing foreclosure in Miami? Negotiate from Strength!
Our Miami foreclosure defense lawyers fight each day for the rights of homeowners who have been ignored, pushed aside, frustrated, mistreated or victimized by their bank or mortgage company. Whether it’s stopping foreclosure in Miami or determining whether strategic default is right for you, banks make matters worse by putting profits before people and… Read More »
Federal mortgage modification program little help to Miami homeowners facing foreclosure
As South Florida homeowners continue to struggle, the Obama Administration’s foreclosure prevention program has been hobbled by lax oversight and a propensity to cooperate with banks rather than stand up for property owners, MSNBC reported. Our Miami foreclosure defense lawyers understand the legal landscape and can assist homeowners in fighting to prevent foreclosure in… Read More »
Miami mortgage foreclosure help available for those with commercial or adjustable-rate mortgages
South Florida homeowners holding adjustable rate mortgages are among a new wave of property owners seeking to avoid foreclosure. A rising number of commercial property owners are also seeking ways to stop foreclosure. Hiring a Miami foreclosure defense attorney is the first step for a homeowner or business owner looking for foreclosure help in… Read More »
