How Mortgage Modifications, Short Sales and Foreclosures Work, Part 2

Michael Gray interviews attorney William Mahan about the mechanics of short sales and foreclosures of real estate for the Financial Insider Weekly. Part 2 of 3 focuses on deeds in lieu of foreclosure. (What happens if you “walk away”.)

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Why Struggling Homeowners Should or Should Not Stop Paying Their Mortgage: A legal perspective from Laura I. Shidlovitsky, Attorney at Law

With 1 in 4 American homes underwater and an estimated 1.7 million in foreclosure proceedings, strategically defaulting is becoming a more popular option for borrowers. However, Strategic defaults also come with a slew of personal and legal ramifications. Attorney at Law, Laura I. Shidlovitsky discusses the unglamorous side of foreclosing and what you can do…

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Mortgage Lender Turned Foreclosure Attorney Has Been There

Foreclosure attorney Troy Doucet understands how it feels to experience foreclosure, and recommends homeowners explore their defenses before giving into the bank’s demands. After spending years working in the mortgage industry, Attorney Troy Doucet is pleased to announce the opening of his law firm that is dedicated to helping those facing foreclosure. Mr. Doucet’s involvement…

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Avoid Foreclosures – Wall Street Foreclosure Attorney/Lawyer Bruce Richardson

www.lawofficesofbrucerichardson.com Lenders knew or should have known substantial numbers of its subprime loans, especially absent prompt refinancing, would fail and result in foreclosure. Nonetheless lenders made the loans to promptly package and sell to the secondary market. Predictably, as a result of these predatory loans, scores of borrowers across America now face foreclosure, and many…

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Foreclosure Solutions – Whats Happening for 2010-08-31

Foreclosure Filings Rise in 75% of U.S. Metro Areas BusinessWeek Foreclosure filings climbed in three-quarters of US me.. http://dld.bz/qfTD # Fannie Mae Starts Foreclosure Alternatives Education Website Mortgage Rates & Trends (blog)By Michael Kraus on August 3.. http://dld.bz/qfTC # Struggling Homeowners find Foreclosure Alternatives with Fannie … Digital News Report – Fannie Mae launched a…

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Foreclosure Solutions – Whats Happening for 2010-08-29

Recorder tracking foreclosure locations By SANFORD J. SCHMIDT EDWARDSVILLE – The county has unveiled a new GIS system t.. http://dld.bz/pH59 # Mother Of Fallen Soldier Saved From Foreclosure For Now MyFox AtlantaBy MYFOXATLANTA STAFF/myfoxatlanta ATLANTA, Ga. – .. http://dld.bz/pJfh # High Unemployment Rates Cause Foreclosure Filings to Increase by 75% – 99ers … There have…

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Foreclosure Solutions – Whats Happening for 2010-08-26

Nashville-Area Foreclosure Rates Up 39% – House And Home News … NASHVILLE, Tenn. — Foreclosure rates increased in Na.. http://dld.bz/pwAh # Power Breakfast: Lockheed's Marietta plant getting new jobs, banker troubles … With production of the F-22 Raptor fig.. http://dld.bz/pwX4 # Avoid Foreclosure with HAMP Loan Modification Home loan modification is one of the most…

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Foreclosure Solutions – Whats Happening for 2010-08-23

Foreclosure starts hit record high for Fannie, Freddie loans Inman.comBy Inman News, Wednesday, July 28, 2010. The numb.. http://dld.bz/pfBq # City gives Hotel Utica last chance to avoid foreclosure By JOLEEN FERRIS UTICA, NY (WKTV) – The city of Utica has sent .. http://dld.bz/pfBp # Foreclosure Rates Rise in D.C., NoVA By KRISTON CAPPS Foreclosure…

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Foreclosure Solutions – Whats Happening for 2010-08-21

Foreclosure activity remains high, spurred by condo filings … The number of homes facing foreclosure dipped slightly .. http://dld.bz/nSJM # Kitsap Caucus Blog Archive Rossi's Foreclosure Lecture The (Tacoma) News Tribune has its own fact-check operation goi.. http://dld.bz/nSJK # Working with Government Foreclosure Listings – Nike Hyperize Sale Even if you have been in the…

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Foreclosure Solutions – Whats Happening for 2010-08-19

O.C. foreclosure notices surge Mortgage Insider The Orange County … Orange County highlights from ForeclosureRadar's .. http://dld.bz/nD8u # Atlanta Homebuyers Spend $5.9 Million At Foreclosure Auction The millions of dollars spent this year on Atlanta area fo.. http://dld.bz/nDPA # Back taxes owed on dump property in foreclosure HAVELOCK — The property owners of the Phoenix…

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