Rescue Florida Realty

Bank of America said Tuesday it’s launching a nationwide program that pays homeowners as much as $30,000 to complete short sales. The lending giant tested a similar program in Florida last year from Sept. 26 through Nov. 30, and nearly 11,000 Florida borrowers verbally agreed to complete their short sales by August of this year. So ...

There was an interesting article in yesterday's Palm Beach Post on a new bill being introduced to the Florida Senate to streamline foreclosures. A quickie foreclosure bill that would require a homeowner to present a sound defense or face an immediate judgment in some cases moved closer to a full legislative hearing Monday with the ...

The US government reached, on Thursday, what is being touted as a landmark deal, with some of the nation's biggest mortgage lenders -- Bank of America, Citigroup, JPMorgan Chase, Wells Fargo and Ally Financial -- over foreclosure and mortgage abuses which occurred after the burst of the housing bubble. The deal requires five of the largest ...