I just updated you on the August Status Report which showed how poorly the mortgage companies participating in the Making Home Affordable Modification Program continued to perform. You may recall that last month there was a post on the initial Status Report on the program through July. In that I indicated that the work being [...]
In a post to this blog in mid August I reported on the initial status report on the Making Home Affordable Modification Program which the Obama Administration released on August 4. You may recall that I was really upset when I reviewed the report. The mortgage companies participating in the program not only flunked [...]
Here is another horror story that I saw in the news recently. A Florida man lost his home to foreclosure in mid July. The home went to his mortgage company, U S Bank. You won’t believe the reason that this happened. A local judge would not stop the foreclosure. The man, Jerry Gomez, started having [...]
You may be in one of two spots right now. Your mortgage company has started the foreclosure process against you. Or – Money is getting tight and you know that there is no way that you will be able to continue to make your monthly mortgage payments. You decide to find out whether you qualify [...]
September 2, 2009 You may never have heard of them. I know I never did. However after hearing about them I know that I would like to do business with them. Who am I talking about? First Federal Bank of California. They are a wholly owned subsidiary of FirstFed Financial Corp. They are federally chartered [...]
