Blog Posts in Short Sale

All Posts
  • New help for Struggling Borrowers published by Consumer Financial Protection Bureau
    New help for Struggling Borrowers published by Consumer Financial Protection Bureau

    In January 2013, the Consumer Financial Protection Bureau issued several new rules governing mortgage servicers consideration of a borrower's application for loss mitigation which rules became ...

    Read More
  • Florida 2nd DCA requests Supreme Court to Review Standing in Foreclosures
    Florida 2nd DCA requests Supreme Court to Review Standing in Foreclosures

    Today, the Florida Second District Court of Appeal released its earthshattering decision in Focht v. Wells Fargo Bank, N.A. The appellate court is asking the Florida Supreme Court to review the ...

    Read More
  • Sheryl A. Edwards Featured on SNN Local News
    Sheryl A. Edwards Featured on SNN Local News

    On Thursday, May 2, 2013, Sheryl A. Edwards was featured on SNN Local News in a segment addressing Florida's foreclosure increase. The news anchor discussed how the American dream of owning a home has ...

    Read More
  • What is a hardship?  The answer may surprise you!
    What is a hardship? The answer may surprise you!

    One of the key ingredients to a successful short sale or loan modification is a hardship - the underwater property owner must be able to demonstrate a hardship to obtain a waiver of deficiency or loan ...

    Read More
  • Mortgage Debt Relief Act - An Alternative to Exempt Forgiven Debt from IRS Taxation
    Mortgage Debt Relief Act - An Alternative to Exempt Forgiven Debt from IRS Taxation

    Everyone who is considering a short sale of their primary residence is currently in a holding pattern waiting to see if Congress renews the Mortgage Debt Relief Act . The Mortgage Debt Relief Act ...

    Read More
  • Clock is ticking on Mortgage Debt Relief Act
    Clock is ticking on Mortgage Debt Relief Act

    Several weeks ago, Florida property owners started to receive mortgage balance reduction offers from the nation's biggest mortgage servicers under the settlement reached earlier this year in the ...

    Read More