A local company is sponsoring workshops for troubled homeowners to teach them how to modify their home loans and save their houses from foreclosure. ...more

February 14, 2009

As many homeowners face foreclosure, they are frequently finding that their original lender is not the mortgagee seeking to foreclose. In many cases, homeowners are being sued by banks acting as trustees for something called a "pooling agreement." The trustee frequently is represented by a law firm that is handling foreclosures in bulk quantity; and it may be impossible to get an attorney speak with you in an attempt to resolve the matter. What can the homeowner do? ...more

February 13, 2009

A Tampa-based foreclosure rescue company agreed to pay a $10,000 fine and shut its doors until it complies with the law, the Florida attorney general's office announced Tuesday. ...more

February 11, 2009

A Tampa-based foreclosure rescue company agreed to pay a $10,000 fine and shut its doors until it complies with the law, the Florida Attorney General's Office announced today. ...more

February 10, 2009

The default rate for mortgages recently insured by the Federal Housing Administration has been climbing, an alarming trend for an agency that is playing a vastly expanded role in the mortgage market and backing roughly a quarter of all the loans made last year. ...more

January 26, 2009

Kimberly Matlock was about to lose her Illinois home to foreclosure when a shiny flyer from Clearwater arrived in her mailbox. ...more

January 25, 2009

The Plasencia Group, a Tampa-based hotel investment consultant, has reinstituted its Distressed Hotel Advisory practice, similar to services provided in past recessions to owners and lenders of financially troubled hotels and resorts. ...more

January 15, 2009

As the economy worsened in 2008, more Tampa area homeowners found themselves facing trouble. The number of foreclosure filings rose 123 percent compared with 2007. ...more

January 15, 2009

Circuit City Stores Inc. said Friday it is in talks with two parties that could buy the company or provide additional financing for it to stay in business. ...more

January 10, 2009

GMAC LLC will no longer have exclusive rights to provide no- or low-interest loans to people who take advantage of General Motors financing incentives, as part of the complex deal that gave the troubled lender billions in federal aid. ...more

January 3, 2009