Stop Foreclosure Answer

On Thursday, November 19, a judge in Suffolk County New York handed down a decision which shocked the mortgage industry to its core.  The judge wiped out the $525,000 payments a couple owed on their mortgage.  As a result of his decision, they now own their home free and clear. What Led to This Monumental [...]

There is an important notice on the website for the Making Home Affordable Modification Program that I needed to bring to your attention.  If you applied for a loan modification under this program and were approved for a trial loan modification prior to October 1, 2009, here is the notice on the website: “If your [...]

Many times I have commented on how poorly mortgage companies are handling the applications for loan modifications for people facing foreclosure.  Here is a new one. Arizona Couple’s Home Wrongfully Sold Recently a couple in Phoenix, Arizona came home to find a notice on their door.  The notice said that they had five days to [...]

Many people and organizations in the United States are getting frustrated with banks and financial institutions giving executives and key management personnel bonuses in the midst of the foreclosure crisis gripping this country.  We all have seen or heard news reports about what groups have done to bring attention to this. The latest was a [...]

A decision by a federal judge in Minnesota this past week will have ramifications on loan modifications throughout the country. A lawsuit had been filed alleging that the Making Home Affordable Modification program violated the constitutional rights of people facing foreclosure.  The reason was that people who were denied a loan modification under this program [...]