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Phillips Law Group provides you with some recent developments of. Fannie Mae had a $180 billion unpaid home loan principal balance in Florida. About 12 percent of the state’s Fannie Mae loans are delinquent.Friday’s report also noted that Federal Housing Finance agency officials told the inspector general they were unaware of the 2006 report.

BofA Revokes Loan Modification Agreements Despite Having Collected Timely Payments On Reworked Terms, Complaining Homeowners Tell Florida AG In South Florida, the South Florida Sun Sentinel reports: Hundreds of struggling Florida homeowners have filed complaints with Florida Attorney General Bill McCollum in the past year about failed or stalled home mortgage loan modifications with Bank of America.

Last week Inner City Press / Fair Finance Watch filed timely comments opposing Toronto Dominion / Banknorth’s applications to acquire Hudson United, a bank recent subject to a money laundering cease-and-desist order. The order was taken off by the FDIC, just in time for TD Banknorth to apply to buy Hudson United.

BofA Revokes Loan Modification Agreements Despite Having Collected Timely Payments On Reworked Terms, Complaining Homeowners Tell Florida AG In South Florida, the South Florida Sun Sentinel reports: Hundreds of struggling Florida homeowners have filed complaints with Florida Attorney General Bill McCollum in the past year about failed or stalled home mortgage loan modifications with Bank of America.

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First-Time Homebuyer Programs for Florida Residents Florida’s Friendliest Hometown: Retirees Go Wild Like College Kids on Spring Break

Because both men pled guilty, Magness and Bott will avoid serving any prison time under the terms of their agreements. Under the agreement with Magness, the government has gone after him personally and he agreed to return $100,000 from savings and investment accounts, provided his wife doesn’t assert any claim to the money he agreed to forfeit.