Mortgage Foreclosure & Refinance Resource

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 business, [...]

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NOBODY wins when a home enters foreclosure — neither the borrower, who is evicted, nor the lender, who takes a loss when the home is resold. That’s the conventional wisdom, anyway.
The reality is very different. Behind the scenes in these dramas, a small army of law firms and default servicing companies, who represent mortgage lenders, [...]

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According to the AP News, homeowners have sued Fidelity National Information Services Inc., a giant financial data-processing company, accusing it of raising the price that cash-strapped consumers must pay to avoid foreclosure of their homes.
The lawsuit, filed Jan. 16 in the U.S. bankruptcy Court in Houston, contends that Fidelity has conspired with mortgage-servicing companies and [...]

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