Mortgage Foreclosure & Refinance Resource

As home values across the country continue to plummet, the authorities say a new breed of swindler is preying on the tens of thousands of homeowners desperate to avoid foreclosure.
Until recently, defrauders tried to bilk homeowners out of the equity in their homes. Now, with that equity often dried up, they are presenting themselves as [...]

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The mortgage meltdown continues this week with JPMorgan buying Bear Stearns (BSC) for a 98% discount, about $236 million (next to nothing). In fact, the Bear Stearns building on Madison Avenue itself is worth more than the entire buyout, valuated at about $1 billion dollars.
What does this mean for home owners  who are facing foreclosure [...]

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In a scathing article, “MORTGAGE MELTDOWN Interest rate ‘freeze’ - the real story is fraud Bankers pay lip service to families while scurrying to avert suits, prison” Sean Olender gets to the heart of the proposed ‘buyout’ and ‘freeze’.
A must read article, but here is the gist:
The sole goal of the freeze is to prevent [...]

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