How Loss Mitigation Can Help Homeowners in Tough Times

It’s no secret that bills are getting more and more expensive. Insurance, electricity, groceries, and more keep climbing with little end in sight.

With such an increase in costs of living, mortgage foreclosures are once again on the rise as people simply can not keep up with inflation.

A recent report by Attom Data showed Florida, and particularly Central Florida, is leading the country in mortgage foreclosures. In fact, one out of roughly every 1,800 homes in the state has filed for foreclosure, with Osceola County having the highest rate in the state.

To give that perspective, that is more than double the rate of foreclosures in Georgia and triple the foreclosure rate in Alabama. In fact, the filing rate in Florida was 71 percent higher in October 2025 than in October 2024.

Falling behind on a mortgage can be one of the most stressful experiences anyone can face. It’s not just the financial pressure; it’s the anxiety that comes with wondering about losing a home, a family’s safe space, the place where they have built their life.

Many people in this situation assume foreclosure is inevitable, but that is rarely true.

One possible solution is a process called loss mitigation, and it exists to help homeowners navigate these challenges and seek a better resolution than losing their home.

The attorneys at The Orlando Law Group specialize in real estate law and helping people in Orlando, Sanford, Winter Garden and Kissimmee with their financial issues, including coordinating with your lender on a loss mitigation plan.

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