Bank of America continues its trend of being all over real estate news as of late by offering new cash incentives for distressed homeowners whom decide to utilize short sales in lieu of foreclosing.
Awaiting results from a study being conducted to determine whether the desire for such a train is high enough to support funding, the Florida East Coast Railway could start construction as early as next year on the one billion dollar project.
Do you want to have a say in how Florida spends its hefty share of the mortgage settlement from back in February? Well, today is your last chance.
The Florida Attorney General’s Office will continue to take suggestions via email or phone call throughout the day on how to spend the $300 million that the state has been allotted for aiding homeowners who found themselves foreclosed upon as a result of “robo-signing” practices.
Since we are all about helping you make the tough decisions in life, countless hours of research have been spent putting together this exhaustive list of Cinco de Mayo events going on in Orlando over the weekend. We hope you appreciate the sacrifices we make for you all.
Fulfilling premonitions that a new owner would come out of the foreclosure lawsuit Wells Fargo Bank filed against RP Baldwin Retail LLC last year, McKinley Inc. has taken on ownership of the promising plaza. In turn, McKinley has trusted management duties to The Real Estate Consortium, based out of Winter Park.
On February 9, a $25 billion settlement was announced with Ally Bank, Bank of America, Citicorp, JPMorgan and Wells Fargo, five of the largest mortgage lenders in the country, due to perceived failings on the parts of the banks in dealing with homeowners. With the exception of Oklahoma, every state, as well as Washington D.C., took part in the settlement agreement in an attempt to facilitate the resurgence of the housing market.