From CNN.com: Americans should not stop paying their mortgages even if their mortgage companies are threatened because “your home and your mortgage are not affected by the fact that your mortgage company may go out of business,” CNN senior business correspondent Ali Velshi says. If the mortgage company that holds my mortgage goes out of [...]
Entries from September 2008
Your Mortgage Company Out of Business? Still Have to Pay your Mortgage
September 25th, 2008 · 1 Comment
Tags: Avoiding Foreclosure · Foreclosure Information · Mortgage Litigation
Mortgage Modification for Freddie/Fannie Loans Are Demanded
September 12th, 2008 · No Comments
Fannie Mae and Freddie Mac may no longer be able to lobby, but consumer advocacy groups sure can — and they’re already pressing regulators and legislators to see Fannie and Freddie enact wide-scale loan modifications for troubled borrowers. Think FDIC and IndyMac, but on a much grander scale. Four U.S. Senators (Charles Schumer (D-NY), Robert [...]
Tags: Mortgage Legislation · Mortgage Refinancing