Reverse Mortgage in Florida – Shipp Law Legal Blog

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Assignment for Benefit of Creditors under Florida law is analogous to Chapter 7 bankruptcy. as a stagnant manufacturing sector weighs on the economy. This week’s Mortgage Tech Rundown focuses on.

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With Mortgage Foreclosures on the rise in South Florida in 2019, it is important that our Foreclosure Defense clients stay in tune and ahead of the curve by having a general understanding of how the Foreclosure legal process in Florida works. As such, our office has created our 2019 Florida Foreclosure Flow Chart.

Florida Mortgage Laws and Regulations.. other than a reverse mortgage transaction, in which: (a) The debt is incurred primarily for personal, family, or household purposes; and (b) The loan is secured by either a security interest on a manufactured home or a mortgage deed of trust on real.

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Florida Reverse Mortgages. Floridians are increasingly turning to Reverse Mortgages to help them stay in their homes during retirement. The number of HECM reverse mortgage loans in Florida has increased 35% since 2014. 1 As one of the largest reverse mortgage lenders in the nation, Liberty home equity solutions, Inc. (Liberty) has helped more than 1,100 Florida homeowners since 2011 2 discover.