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  • BOA to offer select borrowers principal reductions on their mortgages

    I discussed the below article today on my radio show the "Real Estate Pros" on WPSL AM 1590 out of Port St Lucie, Fl.  You can view the show on my website.  We discussed the reductions around 40 minutes into the show.   A select group of struggling mortgage borrowers are about to get an offer that sounds too ...
    Posted to Jeffrey Rubin (Weblog) by 844211 on May 8, 2012
  • Florida Bill to Streamline Foreclosures

    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 ...
    Posted to Jeffrey Rubin (Weblog) by 844211 on February 22, 2012
  • $25 billion Mortgage Fraud Settlement

    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 ...
    Posted to Jeffrey Rubin (Weblog) by 844211 on February 10, 2012