Mortgage Foreclosure & Refinance Resource

The first wave of Americans to default on their home mortgages appears to be cresting, but a second, far larger one is quickly building.
Homeowners with good credit are falling behind on their payments in growing numbers, even as the problems with mortgages made to people with weak, or subprime, credit are showing their first, tentative [...]

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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 [...]

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Risks are rising that Fannie Mae and Freddie Mac may need a government bailout that could cost far more than previous rescues.
NEW YORK (CNNMoney.com) — Among the nightmares lurking around the corner for the already battered housing and credit markets would be a meltdown at mortgage financing giants Fannie Mae and Freddie Mac.
Although few are [...]

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