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Mortgage Forebearance – Think Again

Mortgage Forebearance – BEWARE   [lockcontent] It’s my understanding that a mortgage forebearance offer came to William and Esperanza Casco, owners of a grocery store, and they were earning enough money to make their mortgage payments on time and they kept their mortgage current. However, JPMorgan Chase & Co. offered the couple a mortgage forebearance […]

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Fight Foreclosure Fraud – San Diego Man Wins in Court

Fight Foreclosure Fraud and Win Fight Foreclosure, he fought the banks and won! A San Diego resident from the city of La Jolla, Kaveh Khast, has done what many have only dreamed of and few dare to try. Irma E. Gonzalez, a California federal judge granted his motion for a temporary restraining order, which blocked […]

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Loan Modifications

Loan Modifications – I Wouldn’t Do It As a result of loan modifications, there are a number of federal lawsuits filed in Boston accusing major lenders of breach of contract under the government’s Home Affordable Modification Program, where these banks agreed to participate as part of the bank bailout. The lawsuits state the banks agreed […]

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Mortgage Modifications Lead To Foreclosure

Mortgage Modifications Don’t Help Mortgage modifications didn’t help three year old Anthony, who often tells his mom Jill G., of Mesquite, Texas before he goes to bed: “I wanna go to the other house.” Jill, Anthony and their dog, Tiffy a black Lab-mix, moved approx 12 miles to a rental after their home in Garland […]

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FORECLOSURES STOPPED IN 23 STATES – GMAC

FORECLOSURES STOPPED FINALLY! The Attorney General in Connecticut, Richard Blumenthal, is investigating GMAC Mortgage, which is one of the nation’s biggest servicers of home loans.  He claims that there are defective foreclosure documents. Foreclosures Stopped – Finally! around September 20, 2010. Connecticut’s Attorney General is insisting that GMAC Mortgage, which is a unit of Ally […]

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Foreclosure

Foreclosure – In The News Now In a recent hearing, called by the bipartisan Congressional Oversight Panel,  which was given the responsibility of monitoring the government’s foreclosure bailout programs, Sen. Ted Kaufman (D-Del.), the panel’s chairman said “if investors lose confidence in the ability of banks to document their ownership of mortgages, the financial industry […]

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Loan Modification

Loan Modification – Does It Really Work? Recently in a hearing, called by the bipartisan Congressional Oversight Panel, which was given the responsibility of monitoring the government’s foreclosure bailout programs, the panel members pounded the Treasury Department for the shortcomings in its mortgage loan modification process.  This hearing came only days after a report issued from […]

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US Foreclosures Increasing!

US Foreclosures have increased across most of our large metropolitan areas. According to RealtyTrac, the US foreclosures crisis has spread like a spider’s web [my words] across a larger area of our country. According to my information, Wells Fargo will refile documents on 55,000 foreclosures after admitting there were technical mistakes. US Foreclosures Crisis spreading […]

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Foreclosure Fraud Again

Foreclosure Fraud Again – Yep, you read it right! Hey folks, guess what there’s foreclosure fraud again – the financial giants have figured out another way to profit from fraud. Yep, after destroying communities across America with shady subprime loans, the mortgage industry has launched a new assault on our nations neighborhoods with a new […]