Mortgage Modifications and Bankruptcy The foreclosure prevention programs created by the government and nearly ignored by the mortgage industry were supposed to save millions of Americans' homes. But several years later we are in...
The number of homeowners facing foreclosure remains elevated despite hopes that the housing market was recovering. Many homeowners who are months or even more than a year delinquent on their mortgage payments fear an...
The 14 largest U.S. mortgage servicers have reached an initial settlement with attorney generals saying, amongst other things, that they must pay back homeowners for losses from foreclosures or loans that were mishandled in...
When a Debtor Files Chapter 13 Bankruptcy When a debtor files Chapter 13 bankruptcy , they need to figure out how much they will pay every month for the next five years if they...
Rep. Marcy Kaptur has submitted a resolution to the House Financial Services Committee asking President Barack Obama to declare a national state of emergency for the foreclosure crisis. The resolution sites a variety of...
The Impact of a Home Equity Loan After Bankruptcy How a home equity loan (HELOC) impacts a debtor's post-bankruptcy life, is mostly determined by which type of bankruptcy the debtor filed and whether they...
Well, its official, the foreclosure prevention program HAMP is a dismal failure and government officials are considering closing down the program. But is closing the HAMP foreclosure prevention program the answer, or would a...
