Struggling Floridians Line Up for Mortgage-Mending

If you were a nurse for 10 years, move to Florida and get a job as a car salesman, it may be 2 years or longer before you qualify for a mortgage to by a home because your income now comes for a different line of employment. If you move to Florida and become employed in the same line of work as you have been in for at least 2 years where you.

Over the next several years, Florida received over $1 billion in federal funds to assist homeowners. The Florida Hardest Hit Fund provides mortgage assistance to the unemployed, proving funding for up to twelve months of mortgage payments until a homeowner can resume full payment.

I’m struggling with my mortgage payments, what should I do? If your circumstances have changed you should inform your lender as soon as possible. It’s important to be honest with your mortgage lender if you’re having trouble.

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Struggling Floridians line up for a chance to keep homes. Jane Sutton. 7 Min Read.. The crowds at mortgage-mending events like the one in Miami have also shrunk since peaking in 2009. Then.

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Struggling Floridians Line Up for Mortgage-Mending.. More than 17 percent of Florida mortgage-holders are 90 days late in their payments, also the highest in the nation, according to a.

"The rate of foreclosure in Florida, specifically miami-dade county, is much higher than the national average," said Jill Showell, Senior Vice President of Government and Community Relations at Ocwen. "Ocwen is committed to helping struggling borrowers in Florida, and across the country, remain in their homes and a part of their communities.