Nov 23
If a mortgage scam artist or a foreclosure scam company has already taken advantage of your situation and scammed you, you have to notify the authorities. You may have signed your deed over to a company or you may have signed legally binding contracts that appear bullet proof, but the authorities can help you in …
Nov 15
An estimated 4.4 million homeowners were deemed eligible for the Independent Foreclosure Review that provides a chance to have an “independent” third party review their foreclosures. After numerous claims of mistakes and abusive servicing practices, bank regulatory authorities and mortgage companies came up with the program to ensure transparency in foreclosure. However, the results have …
Nov 12
Between Hurricane Sandy and the elections, the mainstream media has had its hands full for the past few weeks. The housing sector saw its ups and downs, with political critics questioning the future of HARP and HAMP if President Obama had lost the election. Meanwhile, Hurricane Sandy has resulted in estimated losses of about 20 …
Nov 09
After the mortgage crisis, so many foreclosure scams came up along with scam artists and fraudulent companies that saw an opportunity to take advantage of struggling homeowners. Homeowners facing foreclosure are already under a lot of stress, and are extremely vulnerable to scams. With the recent state of economy, coming up with short term or …
Nov 03
It was reported in a recent article in The Nation, that about 15 million homeowners in US are underwater. Millions of homeowners draw closer and closer to foreclosure while the HAMP and HARP initiatives fall dramatically short of their targets. The article also discussed how such an important issue as the housing industry has so …
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