If you have been reading my Blog, you know that I regularly emphasize that anyone facing foreclosure get the help of a lawyer or an expert in the foreclosure field to represent them. I do not encourage them to deal with their mortgage company on their own. Today I want to tell you one reason [...]
I suggest that you sit down as you read this. What am I about to tell you is really troubling. I just did some research. I went back and looked at the number of foreclosures in the United States on a yearly basis since 2005. In 2005 there were 850,000. In 2006, there were 1,200,000. [...]
I am sure that you would agree that this foreclosure crisis is causing all types of havoc here in the United States. Many people facing foreclosure are fighting to save their homes. Various people and organizations are doing what they can to help them. Mortgage companies have victimized some people. People, organizations and government officials [...]
Earlier this month I read a story which really had an impact on me. It was about how people, a credit counseling service and politicians helped a Man suffering from Cancer and his family save their home from foreclosure. His mortgage company was inflexible. However, many people they didn’t even know jumped in to help [...]
On April 28, the Obama Administration addressed one of the shortcomings of the Making Home Affordable Modification Program. The original program was announced in early March. In this program the interest rates and the monthly payments for people facing foreclosure are reduced on first mortgages so that people can save their homes. It is estimated [...]
