Specialized Foreclosure Courts Spring-Up in Florida

If you lost your home to foreclosure, could you know who steps into your shoes as the next owner? Uncertainty answering which question is usually plaguing an innovative specialized court-system in Florida designed to speed-up the foreclosure process.  The recently tallied second quarter found Florida leading the nation within the proportion of delinquent or foreclosed…

Mortgage Glossary

The following terms are important within the mortgage in addition to housing profession, nevertheless often come up in division of property in a divorce situation:SOURCE: DivorceNet203(b): FHA program which provides mortgage insurance to protect lenders via default; used to finance the purchase of brand-new or existing one- to four-family housing; characterized by low down payment,…