If you are ignoring the housing bailout bill because you think it benefits only troubled homeowners, you may miss out on a windfall. The bill, expected to be passed by the Senate in the next few days and then signed by President Bush, does offer incentives to certain overextended borrowers and their mortgage lenders.
But it [...]
Entries Tagged as 'Foreclosure Information'
Mortgage Bailout to Help All Homeowners
July 28th, 2008 · No Comments
Tags: Avoiding Foreclosure · Foreclosure Information · Military and Veteran Mortgages · Mortgage Legislation
Foreclosure Actors: Who You May Hear From When Facing Foreclosure
May 25th, 2008 · No Comments
As soon as word gets out that you’re facing foreclosure you may be contacted by a number of different players in the industry. Here is a breakdown of some of some of the type of folks you may hear from:
Your Lender. Especially if you have a government backed mortgage, you may be offered multiple ways [...]
Tags: Foreclosure Information · Foreclosure Statistics · Mortgage Scams
Critics: Hope Now Program Not Doing Enough
April 30th, 2008 · No Comments
The pace of housing rescue efforts slowed in the first quarter of the year, according to a new report, while the number of people losing their homes to foreclosure skyrocketed during the same period.More than a half million at-risk home owners had their loans reworked during the first three months of the year, according to [...]
