So you've finally been approved for trial mortgage modification after fighting with the mortgage lender for months. But what does that trial mortgage modification really mean to the future of your home and the...
As the foreclosure crisis presses forward, the number of companies offering so-called "foreclosure relief" and "foreclosure rescue" services has increased significantly. But to the chagrin of most homeowners trying to avoid foreclosure, theses services...
The Federal Reserve Board is proposing changes to Truth in Lending mortgage regulations that some consumer groups say would hurt homeowners facing wrongful foreclosure . Currently homeowners have the right to undo illegal mortgage...
Mortgage lenders Fannie Mae and Freddie Mac passed the buck of responsibility during congressional hearing on the foreclosure crisis. If you listened to Fannie Mae and Freddie Mac you would believe that it is...
Mortgage servicers are not particularly motivated to modify mortgages. Why? The reason is simple enough; mortgage servicers can earn far more money on a foreclosure than a mortgage modification. And as with any business,...
This recession has pushed many homeowners to get creative about where they live, especially after losing their home to foreclosure . But in the bankruptcy case of Gregoria Villarreal and Estalla Villarreal, that creativity...
Are you facing foreclosure and a stubborn mortgage lender who won't come to the negotiating table? Filing bankruptcy just may be the type of motivation your mortgage lender needs. Many debtors filing bankruptcy are...
