August 31, 2009 In Stop Foreclosure, Preventing Foreclosure and Loan Modifications Right now 27 mortgage companies have signed up to participate in the Making Home Affordable Modification Program. This is the program introduced by the Obama Administration designed to help people facing foreclosure save their homes. Until recently there has been little mention of the [...]
Freddie Mac, one of the government sponsored companies that buys mortgages in this country, has just put up a video on YouTube.
I am really annoyed as I write this. I believe that by the time you finish reading this post, you will be too. On August 4th, the Obama Administration released their first status report on the Making Home Affordable Modification Program. I was thoroughly upset when I learned how badly the mortgage companies were [...]
Don’t ever anger a mother. She will get you. On June 30, the Moms Rising organization sent an email out to everyone on their email list. In that email they told the story of an 84 year old woman in California. Her mortgage company, OneWest, was foreclosing on her and evicting her from the home [...]
On July 5, 3 new laws took effect in Michigan. These laws are designed to encourage mortgage companies to work out loan modifications with people falling behind on their mortgage payments who are facing foreclosure. Under these laws, a mortgage company is required to give the person who is facing foreclosure the name and phone [...]
