Archive for June, 2009


Sat
6
Jun

Why Does My Mortgage Company Continue to Send Me Delinquent Notices and Call Me about Late Payments?

You, your lawyer or the expert you hired may be working with your mortgage company to get your mortgage modified and your mortgage payment be lowered.  Or – You may have legal action pending against your mortgage company. Yet your mortgage company continues to send you notices saying that you are delinquent on your mortgage.  [...]


Fri
5
Jun

Finding the Best Possible Lawyer to Represent You

You may have never thought of this. There are probably thousands of lawyers in your area. However, there are very few who specialize in helping people who are facing foreclosure. Of those few there are a smaller number skilled at getting the best outcome for their clients. If you are facing foreclosure and want the [...]


Thu
4
Jun

What Is a Loan Modification?

It is common for those of us who work with people facing foreclosure to forget that many people may not understand what some of the terms we use mean.  At times they may be afraid to ask because they feel that they should know. Well, let’s clarify one of those terms today. If you are [...]


Wed
3
Jun

Mortgage Companies Participating in the Making Home Affordable Modification Program

In my blog post the other day, I let you know that the Making Home Affordable Program announced in early March is starting to ramp up.  The Treasury Department is starting to provide money for successful loan modification incentives to 6 mortgage lenders. If a mortgage company wants to participate in the Making Home Affordable [...]


Wed
3
Jun

Investor Concerns May Torpedo the Making Home Affordable Modification Program

The Making Home Affordable Modification Program is the main way the Obama Administration hopes that people facing foreclosure will be able to save their homes. The plan is that they will save their homes through loan modifications. With these loan modifications their monthly mortgage payments will be reduced to levels that they can pay without [...]