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Mortgage delinquency rates decline nationally, but Florida shows increase due to Irma – The report shows that, nationally, 4.2 percent of mortgages. rates. The percent of loans 90 days or more delinquent or in foreclosure are more than double what they were before last autumn’s.
Florida sues Countrywide over mortgages – MIAMI (Reuters) – Florida sued mortgage. documentation’ subprime loans and failed to ensure that borrowers had sufficient capacity to repay such mortgage loans,” the complaint said. Countrywide.
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Sarasota-Manatee homeowners improve on mortgage payments – More homeowners in Southwest Florida are doing. earlier this year, when mortgage delinquency rates started to increase, primarily because of homeowners affected by Hurricane Irma in 2017. The.
Underwater’ borrowers may be eligible for federal aid; program’s deadline extended – The program reduces interest rates, allowing owners to cut their monthly payments or pay off the loans faster through shorter-term mortgages. Since then, more than 3.4 million people nationwide,
The State of Refinance at Fannie and Freddie – Rising mortgage rates. the traditional 30-year fixed-rate mortgage. breaking it down by state, the report indicated that more people opted for HARP in Florida and Illinois where it represented 2.
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Obama widens mortgage refi program – More than one in five borrowers are now underwater, with homes in parts of California and Florida. since mortgage rates are on the rise. administration officials do not have an estimate..
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