Mortgage Foreclosure & Refinance Resource

Subprime and ARM mortgage refinancing to save your home

Project Lifeline Unveiled for Homeowners in Foreclosure

February 12th, 2008 · 1 Comment

Project Lifeline, which allows extra time for lenders and borrowers to try to work out more affordable terms, was unveiled today.
The program would let qualified homeowners who are at least 90 days late on their mortgage payments pause the foreclosure process for 30 days to figure out a way to modify the mortgage.
“Project Lifeline is […]

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Tags: Avoiding Foreclosure · Foreclosure Information · Mortgage Legislation · Mortgage Refinancing

Fidelity National Information Services Sued for Adding to the Indebtedness of Homeowners

February 5th, 2008 · No Comments

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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Tags: Mortgage Litigation · Mortgage Scams

Washington Mutual Loses Record Payments, Forces Foreclosure

January 15th, 2008 · No Comments

Kwaku Atta Poku, the Columbia cab owner who lost his family’s townhouse to foreclosure after a refinancing, despite having made every mortgage payment, is to get another chance to present his case today in Maryland’s highest court.
In arguments that could change how lower courts handle foreclosure cases, attorneys for the immigrant from Ghana are fighting […]

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Tags: Foreclosure Information · Mortgage Legislation · Mortgage Litigation