Tallahassee Real Estate Blog

February 11th, 2012 11:30 PM
Federal officials announced this week they reached a $26 billion settlement with 5 major mortgage servicers. The settlement works toward two things: holding the lenders accountable for foreclosure process irregularities - including the notorious robo-signing - while also providing the resources for efforts intended to stabilize the persistent foreclosure crisis. $17 billion will go towards mortgage relief efforts. $3 billion will be allocated to lenders for refinancing underwater mortgages.

Tallahassee still has its share of underwater homes, short sales, and foreclosures.  Questions about how these programs might help you or someone you know with a Tallahassee home?  We want to help every homeowner avoid foreclosure.  Please contact us at 850.445.2476, or use one of our convenient contact forms.

Posted by Terance Keenan on February 11th, 2012 11:30 PMPost a Comment (0)

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