Dear Readers, There has been very little activity here lately and many of your may assume that I am asleep at the switch. This maybe partly true but mostly I have been involved in some very serious loan modification and foreclosure research that I hope to present to you very soon. There will also be [...]
Facing foreclosure? Is Chase your mortgage company? Have you applied for a loan modification with them to try to save your home? Then you need to read this. You also need to read this if you or someone you know was denied a loan modification because the hardship was not considered permanent. In an article [...]
If you have been reading the posts here on my blog, you know that in the past I have commented on the poor performance of Bank of America in the Making Home Affordable Program. The Largest Mortgage Company The Lowest Percentage of Permanent Modifications On January 15, 2010, the U S Treasury released the monthly [...]
I don’t know if you saw or heard about it. On December 30, 2009, the city of Memphis and Shelby County, Tennessee where Memphis is located filed a federal lawsuit against Wells Fargo. The suit alleges that Wells Fargo had their loan officers steer members of minority groups who were buying homes and looking for [...]
On November 5, 2009 the gloves came off in the state of Ohio. At stake is how much control can a state have over the way a mortgage company modifies loans for people facing foreclosure in that state. Up until now mortgage companies have run their loan modification programs without any monitoring from state and [...]
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