As shortly as next week the White House will be announcing a new mortgage relief program. While the details are unclear it is expected to finally break the negative equity wall and begin to allow homeowners who are “not seriously delinquent” an opportunity to refinance – that’s right, there will be criteria under which underwater …
Aug 25
Florida Homeowners Who Wish to Move Have Reached a Dead End
If you own your home in Florida and wish to sell, the hard reality is that you are likely to have to compete at a 20%-50% discounted rate. Even if you have paid off your mortgage and decide to rent your property to someone else in order to move, if there are high maintenance fees, …
Aug 23
The Obama Administration’s Immigration Announcement is NOT an Amnesty Program
The Obama Administration announcement is NOT an amnesty, it is NOT about granting legal status, and is NOT something that you can sign-up for! The August 18th announcement was preliminary and nothing has been implemented yet. Any details about how the review process will work, what cases will be considered low priority or how to …
Aug 18
Fannie Mae not Immune to Foreclosure Lawsuit
Amidst reports that Fannie Mae has actually been encouraging foreclosures rather than loan modifications, Michigan state officials are suing Fannie Mae. Despite the fact that the Obama Administration is supposed to be supporting homeowners who wish to be able to stay in their homes, this practice is being conducted by Fannie Mae. Michigan has experienced …
Aug 17
AILA releases report on immigration enforcement
The report‘s anecdotal accounts, 127 case examples from AILA members covering incidents in 24 states and the District of Columbia, are consistent with DHS’s own data showing deportation of tens of thousands of individuals who have been picked up for minor infractions and who pose no threat to our communities. The report questions whether federal …
Aug 16
Testimonial – Amerihope Alliance Has a “Passion for Helping Their Clients”
We just received this shining review from one of our clients. Read on to hear how she explains her relationship with our firm and the results we obtained for her. We all read enthusiastic reviews on the internet about how Blah product or service is fabulous, but this company gives new meaning to the word!! …
Aug 15
Super Successful Loan Modifications of the Week
Before: Homeowners were past due $37,814.09 and in active foreclosure on their Bank of America loan, with monthly mortgage payments of $2,735.35 PITI and a 7.125% interest rate. Trial: Approved for a trial plan under Making Home Affordable. New monthly mortgage payments of $1,975.10. Final: Permanent loan modification saved the home from foreclosure with no …
Aug 12
ICE’s worksite enforcement strategy in effect
Are you a business owner with employees that are potentially in the US illegally? You might be interested in the news that just came out of Boston: Following an investigation and audit of Form I-9 documents by U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations (HSI), 14 New England employers have been fined this …
Aug 11
The Ins and Outs of America’s Recent Credit Rating Downgrade and How It Will Affect You
Basically, the situation with the recent downgrade of the nation’s credit rating is comparable to what would happen if an individual’s score declined. The riskier the customer, the more they have to pay in order to borrow money, and unfortunately, if the government has to pay more, then so will you. Mortgages – Fixed rate …
Aug 09
AILA Announces DREAM Defender Initiative
From the president of the American Immigration Lawyers Association (AILA): I am thrilled to announce the launch of AILA DREAM Defenders (AD2), a dynamic new collaboration between AILA, the National Immigration Project of the National Lawyers Guild, the National Immigration Law Center, DREAM Activist, United We Dream, the National Immigrant Youth Alliance, and Educators for …
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Latest Trustlink Review of Amerihope Alliance
- Mario G. posted a review May 4, 2012I had to modify my home loan with BANK OF AMERICA. I first tried it on my own and it was impossible to even get someone on the phone at the bank! It was not until I got in contact with Scott Porraro at Amerihope Alliance that I could finally have some hope of modifying my home loan. The process took tow and a half years !! During all this time, the Processor […]
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