Tag Archive: harship letter for modification

Nov 03

The Housing Situation and the Presidential Debates

Obama and Romney - Housing Crisis During Debates 2012

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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Oct 29

Should You Request Mortgage Forbearance?

Requesting ForbearanceSuccessful Foreclosure Defense

Our series continues by exploring the topic of mortgage forbearance and the information homeowners should know when requesting forbearance. Homeowners facing imminent foreclosure can request their lending financial institution to delay the foreclosure, and can catch up with their payments within an agreed upon time frame in order to avoid the foreclosure altogether. The delaying of the …

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Oct 10

Overview of Important Terms Used in the Mortgage Industry

Mortgage Industry Terms

As a Homeowner, You Should Know These Terms Amerihope Alliance Legal Services truly understands the plight of homeowners struggling to keep up with their mortgage payments and facing foreclosure. This article is the first in a series that will help you as a homeowner familiarize yourself with important mortgage industry terms and processes. REFINANCE: Mortgage refinance …

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Dec 15

Foreclosure Help from…Occupy Wall Street?

Occupy Wall Street

Struggling with continuous evictions and attempting to confront economic issues at the same time, the 3 months old Occupy Wall Street movement is setting its sights on the foreclosure crisis. Championed by occupyourhomes.org, participants all across America are now learning about subprime mortgages and wrongful foreclosures and interacting with homeowners in mortgage problems to see …

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Dec 05

Two News Stories Show the Fight to Stay Housed in 2011

Two News Stories Show the Fight to Stay Housed in 2011   60 Minutes is out with another hard-hitting expose on the destruction of America’s middle class: “Hard Times Generation” revisits Central Florida to interview more of its suffering and struggling former homeowners. Watch the 60 Minutes piece: Hard Times Generation Another more atypical and …

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