Tag Archive: HAMP

Apr 21

How Much Should You Pay a Foreclosure Defense Attorney?

Professional foreclosure defense is a necessity in order for homeowners to protect their rights and provide a viable opportunity for them to keep their homes. A client hires a foreclosure defense lawyer to protect his/her rights and interests in his/her home. A home is likely his/her most important material possession which impacts their most important …

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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 …

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Feb 21

Bailout Chief Says HAMP Does More Harm Than Good, Then Walks Away

“You have people come out of this with tons of late fees that they otherwise may not have been looking at, their credit ratings have been destroyed, their savings depleted…They’re in a far worse place than they would have been had this program not existed.” Neil Barofsky, Special Inspector General for TARP Showing more fortitude …

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Dec 28

Congress, Fannie, Freddie, & The FBI Say Bah-Humbug Homeowners

Federal Regulators Refuse to Reduce Principals Lately even the White House has come to accept that principal reductions may be the only way to get many homeowners above water again. Owning about half of the country’s mortgages, Fannie Mae & Freddie Mac, along with the Federal Housing Finance Agency, are in the perfect position to …

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