“This foreclosure crisis affects all of us – homeowners, families, neighbors, and state and local governments. It is clear that the current system isn’t working and unfortunately federal regulators have filed to bring meaningful reform to the mortgaging servicing….Ending the foreclosure mill requires stronger oversight, streamlined modification procedures, and meaningful penalties when servicers break the …
Category Archive: Foreclosures in Government
At Amerihope Alliance Legal Services, we understand how to defend foreclosure and get the best possible results. It is our goal to provide you with the legal counsel that will aid you to stop foreclosure or that will offer you the best chance at a brighter financial future.
Mar 11
Government Foreclosure Assistance Hangs By A Thread
Even at its most impotent, the HAMP program is expected to help around 300,000 more homeowners in the time of its life – if it doesn’t meet a premature end. This week the house of representatives voted to cut funding to HAMP. Spencer Bacchus (R-AL) commented “We should not waste taxpayer dollars on failed government …
Mar 07
HAMPs Last Days?
Already facing possible defunding in Congress in the coming weeks, the government’s foreclosure assistance programs seem to have abandoned all pretense. Indeed, our loyal bloggers and foreclosure researchers keep a close eye on changes in the foreclosure industry, particularly when it pertains to programs that could help our clients. And yet the Treasury department announced …
Nov 18
Inside The Fraudclosure Congressional Hearing
“The lack of restraint amongst our mortgage services has created a moral hazard juggernaut that at best prolongs and deepens the entire foreclosure crisis and at worst threatens our global economic security” Dave Lowman Lies No sooner did a spokesperson for the banks, Dave Lowman, CEO of JP Morgan Chase, say that his company was …
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