Tue
16
Feb

Frustrated Head of Counseling Agency Gives Up and Walks Away

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 [...]


Mon
15
Feb

Ask, and ye shall receive!

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 [...]


Tue
9
Feb

Chase Improperly Denies Some Loan Mods because Hardship Not Considered Permanent

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 [...]


Thu
21
Jan

Consumer Groups Frustrated With Poor Performance of Bank of America in the Making Home Affordable Program

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 [...]


Sat
16
Jan

Memphis and Shelby County, Tennessee File Suit Against Wells Fargo Over Foreclosures

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 [...]