Most Recent Articles For: loan modifications

Written by Administrator on March 8th, 2011
A large percentage of homeowners now owe more on their mortgages than their homes are worth. Many are unable to make their mortgage payments because of reduced incomes or payment increases on adjustable rate mortgages.  Unfortunately, this situation has spawned a cottage industry of loan modification scammers waiting to prey on ...
Written by Administrator on January 2nd, 2011
How Can a Short Sale Benefit the Seller? How Can A Short Sale Benefit The Seller? How would it feel to lose your dream home for no fault of your own? Financial problems due to loss of job, health problems, divorce, and taking ...
Written by Administrator on December 25th, 2010
Forced to move: Foreclosure or Short Sale? Forced to Move: Foreclosure or Short Sale? If you are in a position where you are forced to move, say because of a job transfer, health reasons, or pending foreclosure, and you can’t sell your home, ...
Written by Administrator on December 22nd, 2010
Short Sale, Short Refinance, Loan Modifications - HELP! These days, the housing market is flooded with different opportunities for home owners to alter their current mortgage situations. Along with the downturn of the housing market came the government bailout. Then mortgage companies started ...
Written by Administrator on December 17th, 2010
How a Short Sale Can Benefit a Lender How Can a Short Sale Benefit a Lender? While a short sale can be an effective relief for a homeowner facing foreclosure, it can also benefit lenders. Believe it or not, property foreclosure is not ...
Written by Administrator on October 18th, 2010
Save The Dream Tours Meant To Help Struggling Homeowners SACRAMENTO, Calif. -- A massive foreclosure prevention event at Cal Expo last week turned into confusion and panic for at least one homeowner. The Neighborhood Assistance Corporation of America runs Save the Dream tours across the country, helping homeowners secure loan modifications they ...
Written by Administrator on September 28th, 2010
Noting a sharp increase in home foreclosures, lenders were urged to work more aggressively with homeowners to stem the foreclosure tide. Arizona foreclosures rose from 3,100 in August 2009 to 4,000 this past August 2010, an increase of 29 percent. During the past month, foreclosure sales accounted for 45 percent of ...