Loan modification counselor discusses when homeowners should modify their loan, why banks are not modifying loans, and resources homeowners can use to get help when your payments are delinquent.... (Continue reading)
The Obama Administration today awarded $2 billion in “neighborhood stabilization” funding to states, cities, and communities hardest hit by the foreclosure crisis.... (Continue reading)
Foreclosure can be the scarlet F, branding your credit report and docking up to 200 points off your credit score automatically. ... (Continue reading)
Since the highly publicized foreclosure woes of Evander Holyfield and Michael Jackson, more celebrities have joined the thousands of homeowners hit by financial strain of a weakened economy.... (Continue reading)
Just got a phone call from a couple thinking of filing Chapter 13 bankruptcy. However, their adjustable rate mortgage is about to adjust—most likely upward—within the next five to six months. They want to know how the Chapter... (Continue reading)
Compelling as they may sound, foreclosures and short sales can present unique challenges. ... (Continue reading)
When Jamie Arthur heard about President Barack Obama’s Making Home Affordable plan, a sense of relief overcame the Pennsylvania resident. While she wasn’t in foreclosure, the unemployed homeowner feared she was falling behind on her mortgage payments.... (Continue reading)
If you believe in the investment philosophy “buy low and sell high,” then you’re probably already starting to wonder if now is the right time to begin buying real estate. The market is flush with foreclosures (homes that have already... (Continue reading)
News Roundup... (Continue reading)
Nearly one in three Americans, or 31%, say they know someone who has already lost their home to foreclosure, according to a survey by legal information site FindLaw.com. In addition, the survey found that one in four Americans, or 27%,... (Continue reading)