Florida Governor Rick Scott has been put on notice that homeowners and businesses across the state will lose access to the federal Flood Insurance program if he signs a bill now on his desk which would change the way local governments issue building permits.
Despite angry jeers from homeowners facing or in foreclosure, a Senate panel cleared a bill Monday that aims to speed up the state’s mortgage foreclosure process.
After more than a year of negotiations, five major banks will pay approximately $26 billion to American homeowners for the banks roles in foreclosure abuses including the robosigning scandals that ravaged the industry.
While many parts of the country are beginning to dig out of the worst housing collapse since the Great Depression; South Florida remains far behind a housing recovery.
Homeowners in South Florida have been hoping for years for a boost in the real estate market, specifically the value of their homes. Unfortunately, new numbers from Standard & Poor’s showed that recovery is still a long way away.
A bank is seeking to foreclose on Burt Reynolds’ Florida home so it can collect about $1.2 million for a mortgage.
Have you ever wondered why so few homeowners are getting their mortgages modified? The CBS4 I-Team uncovers the secret profits big banks are making on foreclosures.
Nearly 9,500 Florida homeowners have submitted applications to receive financial assistance from a federally funded program aimed at helping homeowners avoid foreclosure.
MIAMI (CBS4) — Startup advertising firm Adzookie has latched on to a high-profile way to publicize itself: by turning homes into massive billboards. In exchange, Adzookie says it will pay the house owner’s mortgage every […]
Mortgage fraud. It’s a growing crime that federal prosecutors now say costs taxpayers, legitimate homeowners and banks billions of dollars every year. The fraud has become so bad that experts say it has driven up the cost of any loans you might need.