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 [...]
Critics: Hope Now Program Not Doing Enough
April 30th, 2008 · No Comments
Tags: Avoiding Foreclosure · Foreclosure Information
FHASecure: A Government Insured Foreclosure Avoidance Program?
January 4th, 2008 · 5 Comments
One of the adjustable rate mortgage relief programs that is covered in our refinance wizard is FHA sponsored FHASecure. A few days ago HUD disclosed that only 87 delinquent conventional loans were refinanced in the first two weeks of November, nowhere near the numbers anyone would expect given claims that more than 33,000 FHASecure loans [...]
Tags: Avoiding Foreclosure · Foreclosure Information · Foreclosure Statistics · Mortgage Refinancing
Foreclosure Prevention Tips, Part 2
November 16th, 2007 · No Comments
Continuing our series on foreclosure prevention tips, here are three more tips if you’re facing foreclosure: If you’re already getting foreclosure or behind on your payment notices from your lender asking you to contact them about missed payments or possible foreclosure contact a HUD-approved Housing Counseling Agency. Housing counselors can help you understand the law, [...]
Tags: Avoiding Foreclosure