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Over 4,000 Florida residents began receiving payments from SunTrust Mortgage last week, which is part of a joint multi-state and federal settlement for past foreclosure and servicing abuses. SunTrust, the largest bank in Central Florida, has a total of 64 branches and over $9 billion in […]
The holiday season is a time of joy when we reconnect with family members and reflect on everything we are grateful for. There is never a good time to face financial difficulties, but this time of year is when one would want to avoid foreclosure […]
The Attorney General for the State of Florida, Pam Bondi, announced a global settlement with Education Management Corporation (EDMC), the second largest for-profit college company in the states. The overall agreement requires the company to forgive over $100 million in outstanding student loan debt held […]
It’s no secret that South Florida lacks affordable housing for both renters and first-time home buyers. As such, it comes as a breath of fresh air to learn that low-income housing organizations will soon receive first dibs on bank-owned foreclosed properties that meet specific criteria. […]
Foreclosure updates are not only noteworthy for the real estate community, but also for the general public, since they provide a clear picture of the financial landscape of the state and the country as a whole. An increase in the number of foreclosure spells bad […]
Homeowners that have defaulted on their mortgage payments often fall into the trap of feeling ashamed because they can no longer fulfill their financial responsibilities. They might even believe that they deserve to be harassed by the lenders or their collection agencies. The Graham Legal […]