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Foreclosures

Allmand Law Firm
November 24, 2008 Foreclosures

Another Bail Out – Not For Homeowners

Dallas-Fort Worth is among several North Texas cities and counties that will get a slice of the $30.3 million from Congress' Housing and Economic Recovery Act . The money will allow Dallas-Fort Worth to...

Allmand Law Firm
November 14, 2008 Foreclosures

Dallas Fort-Worth City Officials Encourage Residents To Buy Foreclosures

Dallas-Fort Worth city officials plan to use $6.2 million in federal funds to help people buy foreclosed homes in areas that have been hit the hardest by the foreclosure crisis. The money will come...

Allmand Law Firm
November 14, 2008 Foreclosures

Fannie Mae And Freddie Mac Speed Up New Loan Process

Fannie Mae and Freddie Mace are launching its most radical program ever December 15 th, in an effort to save hundreds of thousands of delinquent homeowners from foreclosure. The program will allow delinquent homeowners...

Allmand Law Firm
November 13, 2008 Foreclosures

Texas Attorney General Wants To Give More Time To Homeowners Facing Foreclosure

Texas Attorney General Greg Abbott is proposing that mortgage loan servicers be required to give homeowners 45 days to fix a loan default before the home is put up for foreclosure auction. Currently the...

Allmand Law Firm
November 11, 2008 Foreclosures

Hope For Homeowners Plan Not Much Help For Many Facing Foreclosure

On October 1, 2008 the government launched Hope for Homeowners; but the program designed to help as many as 400,000 struggling borrowers facing foreclosure seems to have fizzled out. In the plan's first month...

Allmand Law Firm
November 11, 2008 Foreclosures

Texas Home Sales Plunge

North Texas home sales fell 17 percent from October 2007, nudged down by job losses, the credit crisis and rising foreclosures . October's decline in home sales is one of the largest for 2008...

Allmand Law Firm
November 7, 2008 Foreclosures

Homeowners Get 90 Day Foreclosure Grace Period

JPMorgan Chase, who received $25 billion through the U.S. Treasury Department, announced that it will not initiate foreclosure on any more homes for the next 90 days while it executes a plan to help...