Stop Foreclosure Answer

In my post on April 1, I talked about the changes to the Making Home Affordable Program the Obama Administration announced on March 26. Principal Write-Downs on Mortgages The change that caught the news media’s attention was the one that talked about principal write downs on mortgages.  The revision simply said mortgage companies would write [...]

Let’s say that you have been renting a home for the last 3 years.  You have always paid your rent on time.  Today you come home and get your mail.  In it there is a letter from a mortgage company.  You open it and it says This letter constitutes formal and final demand that you [...]

Be careful. Bank of America May Try to Take Your Home even if they don’t have the mortgage on it.  Ridiculous you say.  There’s no way that can happen. You are absolutely right.  It shouldn’t but Bank of America has tried. The Case of the Couple and Their Florida Retirement Home In February I read [...]

Earlier this week I read a story that caught my attention.  I had to pass it along to you.  It reveals the challenge the counselors and the agencies they work for are facing. Randall Guerra, the head of the Community Housing Council, quit on January 29. The Community Housing Council is a non-profit counseling agency in [...]

Do you remember hearing that there’s no such thing as a stupid question? That’s not exactly true. The stupid question is the one that doesn’t get asked! This is never been more true than it is with regards to your mortgage If you are having an issue with your mortgage company whether you are in [...]