The Chamber of Commerce presented Flagler County a check for $6,171.71, representing 25% of the proceeds from the festival. Palm Coast FL – October 20, 2010 – For six years now, the Creekside Festival, put on by the Flagler County Chamber of Commerce, helped residents and others “discover” Flagler County’s crown jewel of parks – […]
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 – October 19, 2010 – The National Association of Realtors® (NAR) Research staff now gives you a weekly analysis of the economic data released during the past week, and […]
Exposure is pegged at $46 Billion. Palm Coast, FL – October 19, 2010 – Several sources are reporting today that institutional investors are pressuring Bank of America to buy back bad mortgages it picked up when it took over Countrywide Mortgage. Here are a few good links: TheStreet MarketWatch
B of A resumes foreclosures in the 23 states requiring a judicial foreclosure. The bank says it will restart the process on 102,000 loans by resubmitting affidavits. Palm Coast, FL – October 18, 2010 – Bank of America will resume foreclosure actions in the 23 states requiring judicial foreclosures, including Florida. The bank says it […]
Use this handy guide to figure out how quickly you can buy a home after a major financial setback when applying for a loan through FHA, Fannie Mae, or Freddie Mac. Palm Coast, FL – October 17, 2010 Article by HouseLogic.com Published: October 14, 2010 Government entities set guidelines for credit events The chart below outlines […]
Lenders, mortgage servicing companies, foreclosure mill law firms, and even judges are implicated. With new revelations daily, the problem gains momentum making possible solutions seem further away. Palm Coast, FL – October 15, 2010 – In November 2007, an Ohio federal judge dismissed 14 foreclosure cases because the mortgage investors were unable to prove that […]
The settlement affecting homes in Florida, Louisiana, Alabama and Mississippi is likely to set a pattern for future settlements. Palm Coast, FL – October 15, 2010 – Knauf Plasterboard Tianjin Co. has agreed to repair 300 homes in Florida, Louisiana, Alabama and Mississippi. The move will likely set a pattern for the settlement of over […]
50 state effort – Investigators allege that many mortgage documents have been signed without personal knowledge of the facts asserted in the documents. Palm Coast, FL – October 14, 2010 TALLAHASSEE, FL – Attorney General Bill McCollum yesterday announced an on-going effort to rein in mortgage servicers and protect Floridians from purported deceptive and unfair […]
Buyers who hoped to make a foreclosed property their new home now face uncertainty, anxiety and possibly remorse as they worry that closing on their desired property could be in jeopardy. Palm Coast, FL – October 13, 2010 Washington, DC – October 13, 2010 – Thousands of first-time and move-up buyers who hoped to make […]
Botched purchases and more. Gone are the grants and partnerships that underwrote purchases like Princess Place Preserve. Gone too is the wisdom and expertise that once guided land purchases. Palm Coast, FL – October 11, 2010 – Flagler County points proudly to its Environmentally Sensitive Lands program. After all, the program is responsible for some […]