This was a recent Question asked to MarketWatch: What do you think of hiring a law firm to negotiate a loan modification? They charge $3,995 and say they have a 95% success rate. Do you think this is better than trying to do it on your own since so many people have so much trouble?
The [...]
Should an Attorney Negotiate my Mortgage Modification?
November 21st, 2008 · No Comments
Tags: "mortgage modification" · Mortgage Scams
Fannie Mae and Freddie Mac Halt Foreclosures through Jan 9, 2009.
November 20th, 2008 · No Comments
Mortgage giants Fannie Mae and Freddie Mac have directed their network of servicers to halt all foreclosure and eviction proceedings between Nov. 26 2008 and Jan. 9, 2009, meant to give a recently announced rescue plan time to work.
The Streamlined Modification Program, set to launch Dec. 15, enables delinquent borrowers to get a modified mortgage [...]
Tags: "mortgage modification" · Foreclosure Information · Government Bailout
What to do: Mortgage Foreclosure or File for Bankruptcy
November 17th, 2008 · No Comments
Neither one of the choices should be taken lightly, and of course you need to talk to your attorney, but here are some facts if you’re thinking about filing for bankruptcy to avoid foreclosure. First, we caution against falling for some of the schemes that have been developed that entice a homeowner who is facing [...]
