I almost fell out of my chair today when I got notification of this new policy by the credit reporting agencies. Seems the government's financial regulators have given their blessing to the "Big Three" credit reporting bureaus - Equif...

The residential task force set up by members of the Florida Supreme Court and others to review current foreclosure guidelines used by Florida courts recommended Monday that all cases involving "primary homesteaded foreclosure homes" should ...

The mid year Ft. Myers Beach real estate market sales statistics for both homes and condominiums are listed below. Ft. Myers Beach is the "happening" locale on Southwest Florida's Lee Island Coast. Ft. Myers Beach offers every amenity you...

Beginning August 15, FHA borrowers will be able to apply to reduce their monthly mortgage payments by seeking a loan modification through their current lender or loan servicer under the new FHA-Home Affordable Modification Program (FHA-HAMP). The Hel...

The mid year Estero real estate market sales statistics for both homes and condominiums are listed below. Estero is ideally located between Ft. Myers and Naples is currently in the process of building and developing wherever you travel in the

Hardly a few days go by that we don't get an inquiry from either one of our industry peers or a prospective client as to why they can't get mortgage financing for their recent condo purchase. The reasons are many

created during the 2009 regular legislative session - is scheduled to have funds available ($30 million) by the first week of August, 2009. The FL HOP program will be administered through the State...

The mid year Ft. Myers real estate market statistics for both homes and condominiums are listed below. Ft. Myers, known as the "The City of Palms", sits along the natural splendor and shoreline of the Caloosahatchee River and is renowned

We just wanted to give you all a reminder that beginning July 30, the Federal Reserve Board's new Mortgage Disclosure Improvement Act (MDIA) goes into effect. The rule will not only change the way the Truth In Lending Act (TILA)

The mid year Cape Coral real estate market statistics for both homes and condominiums are listed below. Cape Coral, known as the "The Cape" to locals, is one of Southwest Florida's most rapidly growing areas. It is the 3rd largest

The mid year Naples real estate market statistics for both homes and condominiums are listed below. Naples, known as the "Crown Jewel" of SW Florida's Gulf Coast, is a truly cosmopolitan, quaint, and cultural city that has transformed itsel...

The National Association of Realtors (NAR) released a preliminary analysis yesterday of how the Home Valuation Code of Conduct (HVCC) is impacting the housing market. As should have been expected, the numbers seem to reflect an adverse impact. I say

Florida homeowners are saving hundreds of dollars on their property insurance premiums thanks to increased coverage options and their own efforts to claim discounts from getting a wind mitigation report on their homes' storm resistance. Many customer...

The federal regulator overseeing Fannie Mae's and Freddie Mac's Home Affordable Refinance Program announced today they are raising the program's loan-to-value (LTV) maximum from 105% to 125% to allow more homeowners to hopefully take advantage of tod...

Well, the Federal Reserve fired its guns again today to try and help the struggling U.S. economy. Both Stocks and Treasuries were up sharply following the stronger than expected unanimous decision to cut the Fed Funds and Discount rates by

The January thru September Ft. Myers real estate market statistics for both home and condominium sales are listed below. Now a blend of young and old, Ft. Myers is known for its fabulous weather and is a city bustling with

I wanted to follow up on our previous post on Short Sales and the Florida Foreclosure Rescue Fraud Law. In it, I referenced the following situation:...One of these individuals recently made an interesting observation regarding "short sale&quot...

As you who visit the REW blogs on a regular basis already know, we try our best to keep you abreast of important changes in the lending industry when we can. To that end, I wanted to make a quick

The January thru September Cape Coral real estate market statistics for both home and condominium sales are listed below. Cape Coral, known as the "The Cape" to locals, is one of Southwest Florida's most rapidly growing areas. It is the

In another effort to help homeowners who are facing foreclosure, the Federal Housing Finance Agency (FHFA) announced another plan to help speed up the process for renegotiating delinquent loans held by Fannie Mae and Freddie Mac. The plan, which will...