By: William E. Lewis Jr. (Diary)  |  January 7th at 05:01 PM  | 

Ten major mortgage servicers including Bank of America, JP Morgan Chase, Citigroup and Wells Fargo entered into a $8.5 billion settlement Monday with federal regulators to settle claims related to mortgage foreclosure abuses. Under the terms of the settlement with the Federal Reserve and the Office of the Comptroller of the Currency (OCC), $3.3 billion will be paid by banks directly to eligible mortgage borrowers.  Over $5.2 billion in other assistance – such as loan | Read More »

By: William E. Lewis Jr. (Diary)  |  December 17th at 06:37 AM  | 

As Christmas is approaching and Bill Lewis prepares to announce his New Years resolutions for 2013, interesting guests and timely topics will be on AM 740 WSBR and AM 1470 WWNN the weekend of December 17th and The Credit Report with Bill Lewis. As a daily forum for business and financial news, politics, economic trends, and cutting edge issues, The Credit Report with Bill Lewis can be found on AM 740 | Read More »

By: William E. Lewis Jr. (Diary)  |  December 6th at 04:33 PM  | 

Federal mortgage backers Fannie Mae and Freddie Mac announced this week that they have halted evictions from foreclosed homes during the holidays. For Fannie Mae backed mortgages, the suspension on evicting homeowners will be from Dec. 19 through Jan. 2. On Freddie Mac backed mortgages, the suspension dates are from Dec. 17 through Jan. 2. The eviction and lockout suspensions have become a yearly tradition | Read More »

By: William E. Lewis Jr. (Diary)  |  August 10th at 03:09 PM  | 

Interesting guests and timely topics will be on AM 740 WSBR and AM 1470 WWNN the weekend of August 10th and The Credit Report with Bill Lewis. As a daily forum for business and financial news, politics, economic trends, and cutting edge issues, The Credit Report with Bill Lewis moved south on the dial late last year to AM 740 WSBR.  Hosted by Bill Lewis, | Read More »

By: William E. Lewis Jr. (Diary)  |  May 24th at 06:18 AM  | 

Contrary to the sworn affidavit of process server Robin Lucas-Peters on one local foreclosure case, the homeowner was not served at all. Having died on August 4, 2010 “personal service” upon him on April 21, 2011 was simply not possible.

By: William E. Lewis Jr. (Diary)  |  April 24th at 06:41 AM  | 

A dynamic three-digit number reflecting an individual’s ability to repay, credit scores are assigned by companies like Fair Issac and Company. They play a critical role in determining whether a borrower is eligible for a loan, the loan amount, as well as interest rates and repayment terms.

By: William E. Lewis Jr. (Diary)  |  April 14th at 06:14 AM  | 

Florida Attorney General Pam Bondi announced today a first-of-its-kind settlement against attorney Marshall C. Watson and his law firm – the Law Offices of Marshall C. Watson – for alleged improprieties in the prosecution of foreclosure cases throughout Florida.

By: William E. Lewis Jr. (Diary)  |  April 10th at 11:40 AM  | 

Are you unemployed or underemployed and unable to pay your mortgage on time? The Florida Housing Finance Corporation announced last week that Floridians having difficulties making their mortgage can apply for financial assistance from the Hardest-Hit Fund (HHF) beginning next Monday.