http://www.newyorkfed.org/mortgagemaps/
Link is to an interesting little tool brought to you by the insurance company; I mean a bank; no, I mean an investment bank; no, I mean the Fed.
http://www.newyorkfed.org/mortgagemaps/
http://www.newyorkfed.org/mortgagemaps/
Replies
31
SoWal Insider
Yes. He has been current, but the loan was only for 3 years. When he tried to renew it, they wanted 150K because the appraised value had fallen. Then in lieu of the 150K they "offered" to secure the extra 150K with a lien on his personal residence. He just kept saying no, then eventually they relented.
So it was a 3-year balloon, right? Great that he was able to get a loan modification. Did they give him another balloon or just convert the loan to a 30-year term with the same rate? Every little bit of info helps anyone else out there who might be reading this.
After watching what is happening with the massive bailouts, I think it's time that the folks with good credit and payment histories start sticking up for themselves! :angry:
Banned
Two questions:
Does anyone have knowledge of someone who actually was sued for deficiency around here, or are these just threats?
and
Is there a time limit for a deficiency judgement in Florida? I think Georgia has a 6 month time limit.
IMO, It sure looks like J.O. is on the hook by Walton County Instrument Number 1040203 for a Deficiency Judgement.
Banned
Two questions:
Does anyone have knowledge of someone who actually was sued for deficiency around here, or are these just threats?
and
Is there a time limit for a deficiency judgement in Florida? I think Georgia has a 6 month time limit.
IMO, it sure looks like JDS is liable under a Judgement by Walton County Instrument Number 1023752.
Banned
Two questions:
Does anyone have knowledge of someone who actually was sued for deficiency around here, or are these just threats?
and
Is there a time limit for a deficiency judgement in Florida? I think Georgia has a 6 month time limit.
IMO, it sure looks like GF is liable under a Deficiency Judgement via Walton County Instrument Number 1026097
Banned
Two questions:
Does anyone have knowledge of someone who actually was sued for deficiency around here, or are these just threats?
and
Is there a time limit for a deficiency judgement in Florida? I think Georgia has a 6 month time limit.
Looks like I'm not going to be getting much sleep tonight. There are tens of millions of dollars of Judgements with Deficiencies in Sowal so far this year and getting higher every month.
When you see an attached, Florida Rules of Civil Procedure Procedure Form 1.977 (Fact Information Sheet) you know it's not good.
Beach Lover
So it was a 3-year balloon, right? Great that he was able to get a loan modification. Did they give him another balloon or just convert the loan to a 30-year term with the same rate? Every little bit of info helps anyone else out there who might be reading this.
Not sure if it was balloon or if fixed, but I will find out.
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