feature photo

Feature Article #1

Forensic Loan Audits

admin | April 21st, 2010 | Continued

About this Site

This blog is dedicated inform and to help homeowners that are facing foreclosure. We have over 10 years of experience providing homeowners with mortgage solutions.
We also work with mortgage and real estate professionals to prevent their client’s home from being foreclosed. Our in-house staff of foreclosure specialists and negotiators work diligently to assure a positive [...]

Other Recent Articles

post thumbnail

Hardest Hit Markets Unlikely to Get Relief From Obama Rescue

By: Parsa Law Group
President Barack Obama’s housing stability plan is less accessible to homeowners in the nation’s hardest hit housing markets, according to data from real estate Web site Zillow.com.
The plan offers borrowers with little to no equity in their homes the opportunity to refinance their loans, among other provisions. But there are two major [...]

March 2nd, 2009 | admin | 1 comment | Continued
post thumbnail

Wave of Mortgage Resets to hit 2009 - 2012

Posted by Tom M

Click for a larger image
One of the best blogs out there covering the current mortgage market is Dr. Housing Bubble and today they issued a post that included the chart below:
This is a Credit Suisse chart that shows the the oncoming mortgage resets for ARMs, Option ARMs, Subprime Loans, Alt-A Loans, Prime [...]

March 10th, 2009 | admin | 2 comments | Continued
post thumbnail

In the Shadow of Foreclosures

By: Hannah Fairfield
Click to make larger

March 17th, 2009 | admin | 0 comments | Continued
post thumbnail

Dropouts rise in gov’t loan modification program

By AP Real Estate Writer Alan Zibel

WASHINGTON – The number of homeowners dropping out of the Obama administration’s main mortgage assistance plan is growing, and is now almost equal to the number who have received permanent relief.
The Treasury Department’s report on Monday was the latest evidence of problems [...]

May 18th, 2010 | admin | 0 comments | Continued
post thumbnail

Some who lost homes may get early second chance at new mortgage

By Ken Harney
WASHINGTON - Here’s some good news for people who’ve had to give the deed on their house back to the bank because of financial problems, or who have done a short sale to avoid foreclosure: You may not have to wait the typical four or five years to requalify for financing to buy [...]

April 23rd, 2010 | admin | 1 comment | Continued
post thumbnail

Banks Fall Short on Mortgage Help

Govt. Report Shows 15 Percent of Eligible Borrowers Offered Help; Bank of America, Wells Fargo Lag Behind Other Big Banks

By MATTHEW JAFFE and ALICE GOMSTYN
The Treasury Department today released the first report on the performance of loan servicers in the Obama administration’s home mortgage modification program — and the numbers weren’t pretty.
Only 15 percent of eligible homeownershave [...]

August 5th, 2009 | admin | 2 comments | Continued
post thumbnail

Only Forceful Action Can Change Foreclosure Crisis Tide

At Current Rate, Nine Million Homes Face Foreclosure by 2012
By Mary Kane
The time may be ripe for a shift in strategy as the foreclosure machine grinds on, and new foreclosure notices reach the troubling milestone of 10,000 per day.
A weak economy has added job losses and falling home values to the mix of toxic loans [...]

July 13th, 2009 | admin | 3 comments | Continued
post thumbnail

Can’t refinance? Try your congressman

By ANNE FLAHERTY
WASHINGTON (AP) — Can’t afford your mortgage payment? If the bank won’t take your call, your member of Congress just might.
Several lawmakers whose districts are drowning in foreclosures are taking unprecedented steps to help people stay in their homes, including picking up the phone themselves to negotiate with banks on behalf of their [...]

June 5th, 2009 | admin | 4 comments | Continued
post thumbnail

SEC charges former Countrywide CEO

Tampa Bay Business Journal

The Securities and Exchange Commission has charged formerCountrywide Financial Corp. Chief Executive Angelo Mozilo and two others with securities fraud.
Bank of America Corp. (NYSE:BAC) bought Countrywide in July for about $2.5 billion. The deal made the Charlotte, N.C.-based bank the country’s largest mortgage lender.
SEC regulators accuse Mozilo and two other former executives of [...]

June 5th, 2009 | admin | 0 comments | Continued
post thumbnail

Celebrity Foreclosures

By Maurna Desmond
Fame and fortune haven’t kept these VIP homeowners from sliding into delinquency.
It seems like just yesterday–excess was in and celebrities lived it up, buying lavish cars, expensive toys and over-the-top homes. Now, they’re losing it like everyone else.
Victoria Gotti, daughter of deceased Gambino family crime boss John Gotti, let audiences into her lavish $4.2 [...]

June 4th, 2009 | admin | 1 comment | Continued
post thumbnail

Promised Help Is Elusive for Some Homeowners

By PETER S. GOODMAN
MESA, Ariz. — She had seen the advertisements for the new government program offering relief. She had heard President Obamapromise that help was on the way for homeowners like her, people who had lost jobs and could no longer make their mortgagepayments.
But when Eileen Ulery called her mortgage company — Countrywide, now part of Bank of [...]

June 3rd, 2009 | admin | 2 comments | Continued
post thumbnail

Foreclosures Hit ‘Milestone’: 1 Million in ‘09

By Nick Timiraos, Associated Press

Here’s a bleak milestone: there’s been more the 1 million foreclosures filed in the U.S. so far this year, according to a count by the Center for Responsible Lending.
Not all of those foreclosures will result in evictions, but the statistic offers a sobering illustration of the magnitude of the problems that still [...]

June 3rd, 2009 | admin | 2 comments | Continued
Older Entries