The FDLE investigation was triggered in December 2007 when GoToby.com provided details of 18 highly suspicious Palm Coast real estate transactions to the Florida Office of Financial Regulation. Palm Coast, FL – March 15, 2011 – A three year mortgage fraud investigation culminated yesterday with the arrest of well known local Flagler County real estate […]
A weekly analysis of the economic data released during the past week, and how current economic conditions are affecting the real estate market. Palm Coast, FL – March 7, 2011 – The National Association of Realtors® Research staff now gives you a weekly analysis of the economic data released during the past week, and how […]
The downgrades come at a time when the agency expects more losses associated with subprime loans underlying the securities as home prices plummet and unemployment remains. Palm Coast, FL – March 14, 2011 Ratings agency Moody’s Investors Service (MCO: 31.85 -1.58%) downgraded several batches of residential mortgage-backed securities over the weekend following $2 billion worth […]
If the rumors are true, the tide may be turning for Palm Coast and Flagler County real estate. Palm Coast, FL – March 14, 2011 – If the rumor mill is an accurate bellwether, the tide may be turning for Palm Coast and Flagler County real estate development. Here are a handful of rumors I’ve […]
”The settlement agreement not only legislates new standards and practices for the servicing industry, it also resuscitates programs and policies that have not worked or Congress rejected. Palm Coast, FL – March 10, 2011 Republican lawmakers on Wednesday accused the Obama administration of trying to make an end run around Congress as it negotiates a […]
They claim HUD rule changes for how and when the loans are to be paid off violates existing contracts between the borrowers and lenders. Palm Coast, FL – March 9, 2011 – Surviving spouses of three reverse mortgage borrowers filed a lawsuit Tuesday against the Department of Housing and Urban Development challenging the validity of […]
A weekly analysis of the economic data released during the past week, and how current economic conditions are affecting the real estate market. Palm Coast, FL – March 7, 2011 – The National Association of Realtors® Research staff now gives you a weekly analysis of the economic data released during the past week, and how […]
Attorney Dana Ballinger’s latest lawsuit against various Ginn entities rips Bobby Ginn’s video explaining the Ginn sur Mer/Credit Suisse loan default. Palm Coast, FL – March 7, 2011 – Dana Ballinger rivals Bankruptcy Trustee Drew Dillworth’s tenacity in her ongoing quest to seek justice for alleged wrongs committed by several Bobby Ginn entities. Dillworth is […]
Florida ranks 5th among the best states ranked by the combined federal, state, and local tax burden. Palm Coast, FL – March 3, 2011 – A study by the Tax Foundation, a non-partisan, non-political think tank looks at the combined federal, state, and local tax burden by state. Florida ranks fifth among the best states, behind […]
Nearly 2.9 million loans and almost 1.4 million borrowers are eligible for HAMP, yet more trial modifications and permanent modifications have been canceled than converted. Palm Coast, FL – March 3, 2011 Less than 20% of the estimated delinquent mortgages eligible for modification under the Obama administration’s Making Home Affordable Program have moved to the […]