Maryland Overtakes Florida for Nation’s Highest Foreclosure Rate

 Brian Honea, DS News A surge in foreclosure activity for Maryland in October pushed the state into the top spot among states with the highest foreclosure rate in the nation, according to RealtyTrac‘s October 2014 U.S. Foreclosure Market Report released Thursday. Maryland overtook Florida, which had held the number one position for 12 consecutive months, according to RealtyTrac. […]

ICYMI-MFI-Miami President Steve Dibert Was Quoted In The Detroit News

Foreclosures dropped in 2013, but Michigan still one of the worst states Brian O’Connor, Detroit News The number of Michigan families who lost their homes in foreclosures dropped to fewer than 45,000 during 2013, a decline of 43 percent from 2012 and down 57 percent from 2011, according to data released Thursday. Foreclosure-listing service RealtyTrac […]

Investment Houses Snatching Up Florida Foreclosures

Kimberly Miller, Palm Beach Post Hedge funds and investment firms are buying up Florida foreclosures, beating out homebuyers and local flippers, while steering the state into what some fear is another real estate bubble. The companies, including New York-based Blackstone Group and Lake Success Rentals, a partner of Toronto-based Tricon Capital Group, purchased an estimated […]

Florida Foreclosure Mill Tossed Onto The Ash Heap Of Financial History

Foreclosure mill head faces Florida Bar discipline by Kim Miller The owner of the Fort Lauderdale-based Law Offices of Marshall C. Watson has agreed to plead guilty to offenses found during a Florida Bar investigation in what is believed to be the first disciplinary action taken by the regulatory group against a so-called foreclosure mill. […]

Miami-Dade Brings Back The Rocket Docket

Miami-Dade Circuit Court is aggressively setting foreclosure cases for trial as it tries to clear the backlog that ensued from the ‘robo-signing’ delays. Martha Brannigan, Miami Herald Miami-Dade Circuit Court — choked with foreclosure cases, many dating to 2009 — has gotten tough on pushing cases through the system. Five months into a state-funded project, […]