Orlando, Forclosures 2010
St. Petersburg, Florida
November 13, 2010
At the Residential Mortgage Foreclosure Forum sponsored by the St. Petersburg Bar Association, homeowners in trouble can get counseling on how to deal with their mortgage problems. Forums like this are becoming increasingly popular as distressed homeowners find themselves unable to navigate the seas of paperwork associated with a default or foreclosure.
A representative of GMAC offers help and advice to Javier Perez and his wife, and other home owners who may be in trouble. In October, Ally Financial, Bank of America and J.P. Morgan Chase announced a moratorium on foreclosures in 23 states, due in part to growing concerns about record-keeping problems.