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Category Archives: Mortgage Mediation

South Florida homeowners face damaged credit from home loan modification programs

By Jacobs Legal |

Homeowners who sign up for the federal government’s mortgage assistance program are getting punished by lower credit scores, MSNBC reported. Seeking alternatives to mortgage foreclosure, including short sales and loan modifications, will not save your credit scores. Contacting a Miami foreclosure defense attorney is the best strategy to resolving an underwater mortgage or other… Read More »

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Miami Florida Requires Mortgage Mediation Before Foreclosure

By Jacobs Legal |

Homeowners facing foreclosure in Miami and South Florida are getting new help from the Courts. In a pilot program, borrowers seeking a loan modification, short sale, short payoffs or graceful exit can negotiate with their lender in mediation before a foreclosure can proceed. The program has already helped hundreds of homeowners save their homes… Read More »

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