The Andres Lopez Law Firm

foreclosure defense Archives

Florida court rules on foreclosure time restrictions

The date of maturity of mortgage debt in contracts is not always clear cut. In a recent decision, a Florida appeals court ruled that a reverse mortgage may be due and payable at maturity date instead of the borrower's debt. This ruling can impact the foreclosure defense for all types of mortgages.

Florida homeowners floating but face choppy seas

A few years ago, half of Florida home mortgages were underwater with homeowners owing more than their home's worth. However, many Florida cities still have a high number of underwater mortgages. Many homeowners with little equity may have to seek foreclosure defense when they struggle paying their mortgage.

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