The premise of the lawsuit is that Bank of America accepted federal money and is bound to provide HAMP loan modifications to qualified borrowers. However, as shocking as this will be to no one, Bank of America, according to the lawsuit, is not providing borrowers with these modifications or is providing temporary modifications and not making them permanent.
Author Archives: Matthew E. Mazur, Jr., Esq.
Foreclosures Not Over Yet – 5 to 7 Million Homes Nationwide Still At Risk
Foreclosures Not Over Yet – 5 to 7 Million Homes Nationwide Still At Risk – The crux of the story was that despite the fact that Banks had not repossessed as many homes in February there were still more homeowners falling behind on their payments. If you leave your house every morning to go to work, this should not come as a surprise to you. People who are in foreclosure or potentially facing foreclosure need to be proactive!
The Government’s Latest Foreclosure Rescue Plan – Pay You To Short Sell
Taking effect on April 5, the new short sale program will streamline and standardize the short sale process to make it much easier on the borrower and much easier on the lender to arrange a short sale.
Foreclosures Hit Record Levels Over Last Three Months
I just read an article on CNNMoney.com about the record pace of foreclosures in the United States over the past 3 months. 937,840 homeowners received foreclosure notifications of one sort or another during this time period! What many of these homeowners facing foreclosure don’t realize is that there are options available to them. They may be able to defend their foreclosure or file for a chapter 13 bankruptcy to keep their home. Don’t face foreclosure alone!
New Report Out that Foreclosures Surged in September in Miami-Dade County
According to an article appearing today in the Miami Herald, Foreclosures in Miami-Dade County, Florida surged in September 94% when compared to last year! Over 5,721 homeowners in Miami-Dade County received notice that their lenders intended to foreclose on them. What many of these homeowners don’t realize is that they may have defenses to their lender’s foreclosure action. Matthew Mazur, P.A. helps families throughout Miami-Dade County defend their homes against foreclosure actions.
Miami Foreclosure Defense Attorney – Helping Families Fight For Their Homes
If you are visiting this website chances are that you are facing a foreclosure lawsuit or expecting to face a foreclosure lawsuit. You may have been served with the lawsuit or been told by your mortgage company that they will be foreclosing on your home shortly. Do not despair, you have options. Contact me today for a free consultation regarding your specific situation. (305) 779-4805