Florida’s $1 billion foreclosure prevention program received 1,638 application from Broward County after just one week. This makes Broward the leader of foreclosure aid applications. Miami-Dade is second among Florida’s 67 counties with 10,27 applications, and is is followed by Orange County with 957 applications. Palm Beach County ranked fourth closely after Orange County with [...]
According to a recent data released by ForeclosureDataOnline Florida saw a decline in the number of foreclosures from 9,353 in March to 8,224 in April of this year; a 12% drop. Jacksonville registered a 1.4% increase from March to April. Foreclosure activity in Florida declined 47% the last quarter of 2010. as the robo-signer foreclosure [...]
Foreclosures entered in slow gear over the first three months of 2011, according to CondoVultures. Their latest report show that lenders initiated 59% fewer foreclosure action in Miami-Dade County on a year-over-year basis. The numbers are the following: there are 1,900 notices of default filed by the lenders between January and March 2011, while a [...]
Callery-Judge Grove, a 37 year old partnership, is facing foreclosure lawsuit for its $37 million debt. The lawsuit filed March 23 alleges that Callery-Judge Grove Limited Partnership, CJC Management LTd and Managed Citrus owe Prudential Industrial Properties $37 million in mortgages plus another $8.7 million in interest. According to Nat Roberts, general manager, he managed [...]
The Boca Del Mar County golf club failed to reach an agreement with its lender and it’s facing now foreclosure. PNC bank filed a foreclosure lawsuit March 25 against Boca Del Mar County Club Inc., targeting the 116.5 acre golf course at 5959 Camino Real and its 8,184 square-foot clubhouse on 8 acres at 6200 [...]
HSBC Holdings PLS, a London-based lender has indefinitely frozen its foreclosures. The reason: document problems and lax oversight of law firms handling proceedings, according to their annual Securities and Exchange Commission filing. The 12th largest servicer in the country began suspending some of its foreclosures in December, but it pushed the brakes on foreclosure proceedings [...]
The 130,599 square-foot retail center was repossessed by its lender during a foreclosure auction. Cedar Development, the developer, who built the shopping center on 15.3 acres at 10500 Forest Hill Blvd 9 years ago surrendered to its lender. Cedar Development, which is an affiliate of Schmier & Feurring Properties transferred the deed of consideration of [...]
