Why is it that every few months a new battle over mortgage modification in bankruptcy pops up only to be crushed by the long reaching power of mortgage industry lobbyists? The mortgage industry can't...
Starting June 1st mortgage servicers offering mortgage modifications will be required to get borrowers' financial documents upfront before they grant a trail modification. Right now, borrowers facing foreclosure can receive temporary mortgage modifications based...
The National Mortgage Lenders Association and the National Council on Aging are training 125 counselors and will launch counseling projects in four cities designed to help elderly reverse mortgage borrowers avoid foreclosure related to...
The news headlines are dotted with announcements of attorney generals around the country cracking down on foreclosure rescue scammers who charge upfront fees and then disappear without doing any of the things they promised....
How To Cure The Foreclosure Crisis--Image via Wikipedia The foreclosure crisis is refusing to budge. Large volumes of foreclosures plague Texas and just about every other state in the union. But what can we...
In a recent court ruling regarding the right of mortgage lenders to file foreclosure, the court said that mortgage lenders are required to make sure that they have the authority foreclose."What banks are going...
The Congressional Oversight Panel has issued a report, the HAMP mortgage modification program is failing and failing miserably. But this is of course something that most homeowners facing foreclosure already know. But the report...
