After all the recent discussion surrounding the foreclosure and mortgage debt crisis, words come into play that some homeowners may not truly understand. While most of us have heard the term “underwater mortgage”,...
After a lengthy court battle an agreement has been reached imposing a settlement deal for several big banks for their role in performing unlawful foreclosures. Many homeowners were forced out of their homes into foreclosure...
Last week an agreement was reached regarding the restitution actions for major lenders that participated in mortgage fraud and unlawful foreclosure practices. Perhaps the biggest multi-state settlement since the 1998 tobacco...
In the midst of a devastated housing market having a home that is not underwater or in default is becoming a rare sight. For some of us managing our mortgage payments is still achievable, but is out of reach for many others....
As part of the President’s plan to end the foreclosure crisis and help struggling homeowners, the current program benefits under the Home Affordable Modification Program are being extended. After the disappointing news...
