December 7, 2010
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 plan that reduced their mortgage payments, so the couple thought they could use the extra money and signed up.
The Cascos say their payments were always on time and they never missed a payment. When the bank decided the smaller payments, which were the result of the mortgage forebearance, were not enough and foreclosed on them, it shocked and horrified them.
Unfortunately, the Cascos mortgage forebearance story is far too often happening across our great country by homeowners who claim that banks didn’t follow through with the agreement made with them.
Too many struggling homeowners say that they’re receiving little help from the U.S. government’s $700 billion rescue that was supposedly aimed to help the homeowner directly.
According the Treasury Dept stats, approx one-third of the 1.4 million homeowners that were accepted into the mortgage modification program this last year have actually had their mortgage payment reductions made permanent.
A Mortgage Forebearance Nightmare
“It is extremely unfair that someone like me and my wife who have owned our home for 17 years and never missed a payment could end up in foreclosure,” said Mr. Casco, through a Spanish interpreter, as he talked about the mortgage forebearance nightmare he’s experiencing.
Chase spokesperson, Gary Kishner, stated the bank treated the Cosco couple fairly and was not able to comment on whether the Cascos had been current on their mortgage forebearance payments.
Mr. Kishner mentioned “We worked with the borrower to give him as many opportunities as possible to qualify for a modification,” and also said ”However, they were not able to do so and therefore we were forced to foreclose on the property.”
Mortgage Forebearance – Be Smart
“I think that banks are playing games with us,” William Casco said.
Mr. Casco stated when he refinanced his home in 2006, to pay for a new a meat counter at his store in the industrial Los Angeles suburb of South Gate, that his monthly mortgage payments to Washington Mutual Inc. went up to $2,765.
Chase had begun to acquire Washington Mutual in January 2009 when Casco stated it sent a letter telling him he qualified for a lower forbearance rate. So, Casco sent the business paperwork and tax returns the bank was requested. His mortgage payment was then reduced – due to the mortgage forebearance - to $1,250, where it stayed for many months, then Chase told him to apply for a trial loan modification.
So, Casco sent Chase the necessary paperwork that was requested. His monthly mortgage payment rose to $2,363 in June, then went back to the mortgage forbearance rate in October. Casco said he continually made the payments that he was asked of him until August 2010, when Chase informed he and his wife that they were $50,000 behind on their mortgage payments and placed them in foreclosure. Mortgage Forebearance – BEWARE!!
The home has been sold and the Cascos are fighting eviction. He is considering whether to join an existing lawsuit or to persue a lawsuit on his own.
“I’m determined to do whatever it takes in order to keep my house,” said Casco. “I feel that a great injustice has been done to my family.”
Don’t let this happen to you. I offer a Free – No Obligation Consultation And Preliminary Audit of your mortgage situation as a first step to getting you non-attorney help to stop foreclosure.
Call (888) 819-6554 or fill out the Stop Foreclosure Help email form,
Click Here —>> http://help-to-stop-foreclosure.net/
Get your forecosure solutions today!
Resources:
http://news.yahoo.com/s/ap/20101107/ap_on_bi_ge/us_loan_mod_foreclosures
Mortgage Forebearance may sound nice but in reality it can be a nice NIGHTMARE!
[/lockcontent]
Filed under forbearance agreement, foreclosure answers, foreclosure expert, help to stop foreclosure by 
November 30, 2010
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 Washington Mutual (WAMU) and JP Morgan Chase from proceeding with the foreclosure of his home. Why, you ask? Well, WAMU and JP misled him during the loan modification process into defaulting on his mortgage. He decided to fight foreclosure – and he won!
In his fight foreclosure battle, Khast claimed that a WAMU bank rep had told him that in order to qualify for a loan modification he had to stop paying his monthly loan payments. A bank representative did confirm receipt of the required loan modification documents, but did not contact the plaintiff as promised. You can fight foreclosure too, one step at a time.
Fight Foreclosure Continues
During his fight foreclosure ordeal, Khast learned that Chase bank had purchased WAMU and his home mortgage. Chase told Khast to submit another application after Khast had contacted them. Meanwhile, he started making his monthly mortgage payments.
Not long afterward, Khast was informed that he had to be behind in his monthly payments in order to qualify for a loan modification. So, Khast did was he was told, and because he did as the bank directed, Judge Gonzalez found that Khast was irreparably harmed and entitled to an order temporarily halting the foreclosure on him home. You can fight foreclosure too, don’t get frustrated – there is help.
“If the sale of plaintiff’s property proceeds as scheduled, plaintiff will lose his home,” Gonzalez wrote. “Even if defendants were ultimately to prevail, a temporary restraining order will only force them to delay the sale of the property by a matter of days.” In my opinion, you should fight foreclosure whenever possible, don’t just lay down and take it.
Fight Foreclosure Case Info:
Plaintiff: Kaveh Khast
Defendants: Washington Mutual Bank, JP Morgan Chase Bank, California Reconveyance Company and DOES
Case Number: 3:2010cv02168
Filed: October 18, 2010
Court: California Southern District Court
Office: San Diego Office [Court Info]
County: San Diego
Presiding Judge: Irma E. Gonzalez
Referring Judge: Jan M. Adler
Nature of Suit: Real Property – Foreclosure
I offer a Free – No Obligation Consultation And Preliminary Audit of your mortgage situation as a first step to getting you help to stop and fight foreclosure.
Call (888) 819-6554 or fill out the Stop Foreclosure Help email form
Click Here —>> http://help-to-stop-foreclosure.net/
Resources:
http://www.loansafe.org/san-diego-man-fights-foreclosure-fraud-and-wins-in-courtMortgage
Fight Foreclosure – Help Is Only a Phone Call Away.
Filed under fight foreclosure by
November 15, 2010
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 under HAMP to give permanent mortgage loan modifications to borrowers that make all payments during the trial loan modifications process.
Shennan Alexandra Kavanagh, an attorney, stated that several of the plaintiffs have lost homes after their loan modifications payment went back to their original amount that they were unable to pay in the first place. She said she believes that tons of borrowers in Massachusetts alone could be covered by the suits if they are given class-action status.
Kavanagh said a lawsuit was consolidated this month, against Bank of America Corp., that had similar complaints in five other states regarding the loan modifications process.
In an email, Shirley Norton a Bank of America spokeswoman, said that B of A will continue to aggressively defend itself against the cases.
Needless to say, additional lawsuits have been filed against other lenders elsewhere in the country that have offered loan modifications.
Are Loan Modifications – Big Business?
In San Francisco, the Housing and Economic Rights Advocates legal services group sued Chase. The orginization accused Chase of profiting from collecting payments during long trial loan modifications that wound up in foreclosure.
“They’re participating in the crisis they had helped to foment by refusing to honor loan modifications they had already agreed to,” said attorney James C. Sturdevant.
A professor at Louisiana State University’s school of business, Joseph R. Mason, which has extensively written on the subprime lending fiasco, said he thinks the problems from loan modifications are a legacy of the federal government’s rush to stop the flow of foreclosures prior to having proper plans in place.
“These policymakers said, just go out and do this.. let us worry about the details,” he said. “These details are now what are coming to the fore in these modification cases.”
Loan Modifications – Process Error?
Laurie Maggiano, policy director at the Treasury Department’s Homeownership Preservation Office, said the lending institutions were encouraged to offer trial loan modifications based on interviews with homeowners about their incomes and expenses while they went through the paperwork to qualify for permanently reduced mortgage payments.
Maggiano said that the banks were under no obligation to grant permanent loan modifications until this June, which is when new regulations stopped loan servicers from offering the trials based on stated income.
Now incomes and other details are being completely verified prior to the trial periods, and borrowers are preapproved for permanent loan modifications as long as they make three trial period payments, she said.
I offer a Free – No Obligation Consultation And Preliminary Audit of your mortgage situation as a first step to getting you non-attorney help to stop foreclosure.
Call (888) 819-6554 or fill out the Stop Foreclosure Help email form,
Click Here —>> http://help-to-stop-foreclosure.net/
Resources:
http://news.yahoo.com/s/ap/20101107/ap_on_bi_ge/us_loan_mod_foreclosures
Do They Really Help? Loan Modifications
Filed under loan modification by
November 10, 2010
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 was auctioned away in a foreclosure auction. Jill tried, for close to a year, to get one of those mortgage modifications, only to have the rug pulled out because the approval was then rescinded. Bank of America Corp. said Jill had missing documents – papers that Jill said she sent.
Based on information from groups that help homeowners that have used mortgage modifications program, Jill’s ordeal has been repeated thousands of times. According to them, innocent hardworking homeowners still get evicted while participating in mortgage modifications specifically created to avoid foreclosures. The Home Affordable Modification Program was the target of hearings recently held for “trial” mortgage modifications that permitted debts to pile up and paperwork to ‘go missing’, which resulted in the seizure of homes.
Regarding Mortgage Modifications
Regarding mortgage modifications, Julia Gordon, senior policy counsel at the Center for Responsible Lending, in her Oct. 27 Congressional testimony stated, “Many homeowners end up facing foreclosure solely on the basis of the arrears accumulated during a trial modification,” she also said, “One incomplete payment or one accounting mistake can land you on an apparently unstoppable conveyor belt to eviction.”
Around one-half of the 1.4 million temporary or “trial” mortgage modifications granted since the inception in March 2009 of the program have been canceled, based on U.S. Treasury Department information. Less than 470,000 homeowners have gotten permanent mortgage modifications. A staggering figure is approx one in five of the canceled mortgage modifications is either in bankruptcy or foreclosure, according to a Treasury survey of the nation’s eighth biggest mortgage loan servicers, which handle billing, collections and foreclosures.
Shocking Info On Mortgage Modifications
Shockingly, even homeowners that do get approved for mortgage modifications and never miss a payment can still end up in foreclosure, the Office of the Special Inspector General for the Troubled Asset Relief Program, stated in an Oct. 26 report given to Congress. This report said, “They may face back payments, penalties and even late fees that suddenly become due on their ‘modified’ mortgages and that they are unable to pay, thus resulting in the very loss of their homes that HAMP is meant to prevent,”.
I offer a Free – No Obligation Consultation And Preliminary Audit of your mortgage modifications / situation as a first step to getting you help to stop foreclosure.
Call (888) 819-6554 or fill out the Stop Foreclosure Help email form,
Click Here —>> http://help-to-stop-foreclosure.net/
Resources:
http://www.bloomberg.com/news/2010-11-02/mortgage-modifications-meant-to-save-u-s-homes-push-them-into-foreclosure.html
Mortgage Modifications Has Lead To Foreclosure – Don’t Let This Happen To You!
Filed under loan modification, pre-foreclosure by
November 8, 2010
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 Financial Inc., stop all foreclosures in the state. Of the Foreclosures Stopped in 23 States – Connecticut is one them.
Foreclosures Stopped – Bank’s Failure To Follow Basic Legal Procedures
It is my understanding that he stated “The bank’s apparent failure to follow basic legal procedure — a potential fraud on the court — is appalling and unacceptable” and went on to say “Our investigation will enable strong legal action against GMAC/Ally, if warranted by the facts and the law. I will fight to assure the banks comply with clear legal requirements that protect homeowners from unfair foreclosures of their homes.” Like I said earlier – Foreclosures Stopped Finally!
The company said it was suspending sales of foreclosed homes and the company also declared a suspension on evictions of homeowners – in other words Forclosures Stopped – who have fallen behind on their mortgages in 23 states, including Connecticut.
Several Cases Withdrawn – Foreclosures Stopped!
GMAC said the moratriums were implemented to give it time to review its procedures on foreclosures. A week earlier several law firms representing lenders in GMAC foreclosures withdrew their cases against borrowers. Forclosures Stopped in 23 States!
On Friday a statement was released and the company said the substantive contents of the affidavits in question were accurate regarding the facts and its review which they conducted internally thus far had revealed no evidence of any factual errors regarding the details typically contained in foreclosure affidavits.
It is my understanding the company also said it believes defects occurred in some, but not all foreclosures in the 23 impacted states. The problem was identified and addressed a few months ago, the company said.
I offer a Free – No Obligation Consultation And Preliminary Audit of your foreclosure problems and mortgage situation as a first step to getting you help to stop foreclosure.
Call (888) 819-6554 or fill out the Stop Foreclosure Help email form,
Click Here —>> http://help-to-stop-foreclosure.net/
Resources:
http://www.streetinsider.com/General+News/Ally+Bank+Halts+Foreclosures+in+23+States/5984196.html
Foreclosures Stopped – What About Yours?
Filed under foreclosure problems by
November 4, 2010
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 could suffer staggering losses. The possibility is especially alarming coming so soon after taxpayers spent billions of dollars to bail out these very same institutions.”
Phyllis Caldwell, head of the Treasury Department’s homeownership preservation office, noted the delay in foreclosures caused by law enforcement investigations, pending litigation and self-imposed slowdowns by lenders, saying those actions “may have both immediate and longer-term consequences.”
And in my opinion the foreclosure bailout programs are just above a waste of time, due to the fact that foreclosures are on the rise even with these so-called government foreclosure bailout programs.
Foreclosure – Causing Real Estate Prices To Plummet?
Caldwell said that because a foreclosure is taking longer this will probably force down sale prices, especially on vacant homes in the market, and sow uneasiness among buyers about whether the homes have a clear title. [If I were buying a home from foreclosure I would be wary too.]
“This would hurt homeowners and home buyers alike at a time when foreclosed homes make up 25 percent of home sales,” Caldwell said in her written testimony. “Together, these two factors may exert downward pressure on overall housing prices both in the short and long run.”
Foreclosure: Bottom Line
Caldwell also offered a glimpse at why large mortgage servicers have not helped more homeowners modify loans and why they relied on “robo-signers” and other questionable practices when churning out foreclosure filings. “They did not have the systems, staffing, operational capacity or incentives to engage with homeowners on a large scale and offer meaningful relief from unaffordable mortgages,” she said. “Moreover, the expansion of private securitizations during the housing boom left servicers in a complicated legal situation.”
Yep – you read it right. Many corporations, banks included, do not put a face to the number. Their bottom line – P R O F I T S. The foreclosure mess, here in America, is due in large part to the fact that the corporate big wigs want to fatten their pockets.
I offer a Free – No Obligation Consultation And Preliminary Audit of your mortgage situation as a first step to getting you help to stop foreclosure during this foreclosure crisis.
Call (888) 819-6554 or fill out the Stop Foreclosure Help email form,
Click Here —>> http://help-to-stop-foreclosure.net/
Resources:
http://www.washingtonpost.com/wp-dyn/content/article/2010/10/27/AR2010102705228.html?sid=ST2010102705416
Foreclosure
Filed under Avoid Foreclosure Help, facing foreclosure by
October 30, 2010
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
The worst affected areas according to RealtyTrac’s report are: California, Nevada, Florida and Arizona.
These states accounted for 19 of the top 20 metropolitan areas with the highest US foreclosures rates within the last 3 months.
This trend is the latest sign that the US foreclosures crisis is getting worse. Homeowners continue to fall behind on their mortgage payments because of high unemployment and slow job growth.
US Foreclosures – Wells Fargo
From what I can tell, the announcement from Wells Fargo that it was refiling thousands of foreclosure documents is an admission from the bank of possible problems in the way it repossesses homes.
Regarding US Foreclosures Wells Fargo released a statement on Thursday, that said it had identified “instances where a final step in its processes relating to the execution of the foreclosure affidavits… did not strictly adhere to the required procedures”.
US Foreclosures
Wells Fargo added that it has no plans to stop its foreclosure process but said the refiling may cause some delays. It seems that these uncaring institutions are bent on continuing their questionable practices and US Foreclosures are not slowing down.
Metropolitan top five US Foreclosures: 3rd Quarter 2010
Las Vegas, Nevada – 32,288
Cape Coral, Florida – 10,352
Modesto, California – 4,825
Stockton, California – 5,929
Merced, California – 2,072
Source: RealtyTrac
I offer a Free – No Obligation Consultation And Preliminary Audit of your mortgage situation as a first step to getting you help to stop foreclosure.
Call (888) 819-6554 or fill out the Stop Foreclosure Help email form,
Click Here —>> http://help-to-stop-foreclosure.net/
Resources:
http://www.bbc.co.uk/news/business-11646439
US Foreclosures on the rise – unfortunately.
Filed under US Foreclosures by
September 23, 2010
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 foreclosure fraud.
Foreclosure Fraud Again – How?
Well, big banks are now outsourcing their foreclosure processing to law firms with a history of breaking the law to make a quick buck. Reports are that these scammers backdate signatures, forge documents, charge thousands of dollars in illegal fees and even foreclose on borrowers who haven’t missed a payment. Like I said Foreclosure Fraud!
“Foreclosure mills,” as they are now known, have been around for years and they’ve become a huge problem as the mortgage crisis has worsened. It’s my understanding that Fannie Mae and Freddie Mac created a need for these beasts decades ago to help them process large volumes of foreclosures fast and cheap. Not long after big banks wanted in on the action, and Wells Fargo, Citigroup and Bank of America starting sending foreclosures to these lowlife Foreclosure Fraud law firms by the tons.
Foreclosure Fraud – Why?
Banks choose to outsource dirty work to these Foreclosure Fraud firms for a reason. It takes literally weeks to process the necessary legal paperwork to throw somebody out of their home. Cutting down the processing time can save a lot of money on legal bills. These Foreclosure Fraud mills cut costs by cutting corners. So, when they can’t gather the proper paperwork needed to kick families out of their homes, they simply fabricate it. Even worse, these Foreclosure Fraud firms illegally hold back documentation from borrowers looking to negotiate loan modifications with their banks. In effect, forcing borrowers out of their homes instead of allowing them to negotiate a deal with the bank. When borrowers actually do get things straightened out with these Foreclosure Fraud mills, the underhanded bankers slap them with huge illegal fees. Outrageous!!
If nobody holds anyone accountable, then anything goes: stealing, cheating, and lying, are very profitable. Well, don’t let this happen to you. Fight Back!! I have been helping people successfully ward off foreclosures and maybe I can help you too. I offer a Free No Obligation review of your mortgage documents. Don’t just rollover, give me a call and take a stand against Foreclosure Fraud.
I offer a Free – No Obligation Consultation And Preliminary Audit of your mortgage situation as a first step to getting you help to stop foreclosure.
Call (888) 819-6554 or fill out the Stop Foreclosure Help email form,
Click Here —>> http://help-to-stop-foreclosure.net/
Resources:
http://blogs.alternet.org/speakeasy/2010/08/05/foreclosure-mills-wall-streets-latest-fraud-scheme/
Like I said don’t just rollover, give me a call and take a stand against Foreclosure Fraud.
Filed under Foreclosure by
September 17, 2010
Loan Modification – Is It Worth Trying?
A year and half ago, the government launched a loan modification program to help homeowners. The federal government’s loan modification program is unfortunately not helping as many homeowne
rs facing foreclosure as hoped for.
Of the Phoenix area borrowers that hoped to lower their monthly payments through the Home Affordable Mortgage Program in April, over half, left the program by the end of July and they didn’t have their payments permanently lowered through the loan modification program.
Loan Modification – Good News
Good news is that some of these borrowers actually did receive help from other programs that were available; however, in my opinion, not nearly enough have been helped and way too many have lost and are still losing their homes.
Loan Modification – Bad News
Bad news is that far too many other homeowners were denied a permanent loan modification after making several months of “trial” payments and have lost their homes to foreclosure.
Some housing advocates have said that too many homeowners were strung along with a trial loan modification through the federal government’s program, known as HAMP, when the lender knew a foreclosure was not going to be avoided.
Lenders defend the trial loan modification, by saying they didn’t know all of the rules for the new federal program, so they placed a lot of homeowners in a temporary loan modification to help them avoid inevitable foreclosure. I guess it could be true they did not know the rules, but I doubt it, it’s their job to know the rules.
Now, it is quite possible a number of homeowners just didn’t meet the program’s complex and burdensome requirements, even though they had been approved for a trial loan modification.
Loan Modification – It’s Not Possible To Know -Yet
It’s impossible to know why so many homeowners were and still are being denied a permanent loan modification because lenders simply won’t comment on specific cases, and the Treasury Department hasn’t released a list of borrowers who had their trial loan modification canceled.
Don’t let this happen to you. I offer a Free – No Obligation Consultation And Audit of your mortgage situation.
Call (888) 819-6554 or fill out the Stop Foreclosure Help email form, Click Here —>> http://help-to-stop-foreclosure.net/
Resources:
http://www.azcentral.com/12news/news/articles/2010/09/05/20100905loan-modification-program-phoenix.html
Loan modification – Do or DON’T?
Filed under loan modification by
August 11, 2010
BREAKING NEWS!
It has come to my attention that the Florida Attorney General’s office just announced they are conducting investigations into the state’s three biggest foreclosure law firms for allegations of deceptive and unfair actions.
These firms, which at times are called “foreclosure mills,” are the Tampa-based Shapiro & Fishman, Fort Lauderdale Law Offices of Marshall C. Watson and the Law Offices of David J. Stern, based in Plantation.
A lawsuit seeking class action status was filed by a Fort Lauderdale attorney against Stern just last month. The lawsuit is claiming this firm generated fraudulent mortgage assignments, basically falsifying foreclosure documents when they were pursuing foreclosures.
FYI: an assignment is held by the entity that has the right to receive mortgage payments.
The law of offices of David J. Sterne according to the lawsuit filed up to a whopping 7,000 foreclosure cases in Florida every month last year, presumably with fabricated foreclosure documents . As if that wasn’t bad enough, the lawsuit also alleges this firm pursued foreclosures for lenders that didn’t even own the debt on the homes.
According to records, Miami based attorney, Jeffrey Tew is representing the Stern law offices. According to Tew, Stern and his company have done nothing wrong
“This foreclosure crisis was not created by David Stern, but it is so huge and a lot of people are in very bad shape, so some of the finger-pointing goes to him,” attorney Tew said.
Mr Tew went on to say that portions of the lawsuit that claim Stern conspired to confuse ownership of homes is “fantastical”/fantasy.
Attorney General Bill McCollum’s office released a press release and it says due to the fact that many mortgages have been bought and sold by financial institutions numerous times, some vital foreclosure documents/paperwork involved in the process to obtain foreclosure judgments is oftentimes missing.
“On numerous occasions, allegedly fabricated documents have been presented to the courts in foreclosure actions to obtain final judgments against homeowners,” the press release states. “Thousands of final judgments of foreclosure against Florida homeowners may have been the result of the allegedly improper actions of the law firms under investigation.”
In June a judge, Circuit Court Judge Michael Traynor, dismissed a case because he said in his opinion the court “has been misled by the plaintiff from the beginning” and that documents “have changed as needed to benefit the plaintiff.”
Don’t let this happen to you! Get expert help to look over your loan and foreclosure docs.
Don’t think for a moment that these types of fraudulent activities are only going on with just three law firms in Florida. This type of activity is happening all over the county, just apparently on a much larger scale with these companies because of the larger amount of foreclosures they handle.
You can avoid foreclosure and get the foreclosure assistance and foreclosure help you need from an expert in foreclosure solutions.
I offer a Free – No Obligation Consultation And Preliminary Audit of your mortgage situation as a first step to getting you help to stop foreclosure.
Call (888) 819-6554 or fill out the Stop Foreclosure Help email form,
Click Here —>> http://help-to-stop-foreclosure.net/
Resources:
http://www.palmbeachpost.com/money/real-estate/state-probes-whether-three-law-firms-falsified-foreclosure-851395.html
Filed under Foreclosure Documents by
July 26, 2010
Unfortunately, last month more delinquent homeowners learned they didn’t qualify for President Obama’s foreclosure program.
New concerns regarding the U.S. housing market’s health and vibrancy have rightfully renewed interest in the success of President Obama’s foreclosure prevention programs. It has been wondered that an increase in foreclosures, combined with the current drop in housing sales, could once again send home prices plummeting. Raphael Bostic, according to cnnmoney.com, stated that the marketplace is still fragile.
Unfortunately, 91,118 people in trial modifications were canceled in June, which brings the total to 520,814, only about ten to twelve percent (10% – 12%), a drop in the bucket, of the near 5 million homes in foreclosure since the program first started early 2009.
More than 60% of those who dropped out last month had been in trials for at least half a year.
Homeowners that don’t submit the proper paperwork, don’t meet the qualifications or make the necessary payments are kicked out. It is my understanding that from now on the loan Servicers before entering the homeowner in the program will collect needed documents and review the homeowners’ eligibility.
Once the homeowner trials are canceled, less than half of homeowners do get an alternate modification, and many times from their loan Servicer.
There are only 364,077 homeowners that remain in the trial phase, and approx 38,728 of that figure are homeowners that entered the program in June.
You don’t necessarily have to be one of the thousands that have lost their home to foreclosure. I have helped many homeowners stay in their homes and avoid foreclosure, and I may be able to help you too.
I offer a Free – No Obligation Consultation And Preliminary Audit of your mortgage situation.
Call (888) 819-6554 or fill out the Stop Foreclosure Help email form,
Click Here —>> http://help-to-stop-foreclosure.net/
Resources:
http://money.cnn.com/2010/07/20/news/economy/foreclosure_prevention/?postversion=2010072014
Filed under loan modification by
July 22, 2010
According to two Republican Congressmen, President Barack Obama’s plan to help homeowners avoid foreclosure is a failure.
According to a resource, Rep. Jim Jordan, R-Ohio and Rep. Darrell Issa, R-Calif communicated to Treasury Secretary Timothy Geitner a letter, which was sent not too long ago, telling him to “end immediately” the Home Affordable Modification Program known as HAMP.
Since Pres. Obama announced the program in Mesa in February 2009, [over 1 year ago] only 340,000 homeowners have had their mortgage loans permanently modified through the program.
President Obama said 3 million to 4 million homeowners would be helped by the program.
Did you know that even homeowners who are granted long-term modifications often still end up in foreclosure? “Why”, you ask? Well, because in many cases the payments are still simply too high for them to afford.
People have said we are simply in a death spiral, but in lots of cases it doesn’t have to be that way. I offer a free audit of your mortgage documents and may be able to help you avoid foreclosure long-term. Just give me a call to discuss your particular circumstance, I will be happy to see if I can help you just like I have helped other homeowners fight foreclosure.
I offer a Free – No Obligation Consultation And Preliminary Audit of your mortgage situation.
Call (888) 819-6554 or fill out the Stop Foreclosure Help email form,
Click Here —>> http://help-to-stop-foreclosure.net/
Resources:
http://www.kpho.com/news/24205219/detail.html
Filed under Avoid Foreclosure Help, loan modification by
July 16, 2010
Home foreclosures are unfortunately still a serious problem in our country. Though, foreclosure rates are down in areas such as Atlanta, that’s not the case in most of America. Each month, there are thousands of foreclosures in newspapers across the country and many predict the numbers will stay the same for some time to come.
Many attorneys that handle foreclosures are saying that they think what we’re seeing now will continue and foreclosures will continue on a steady pace.
There are alternatives to a foreclosure, one being something called a short sale; however not everyone qualifies. You see, it’s very costly for a bank to foreclose a home, then put it back on the market, and in many cases have to repair the house prior to placing it on the market.
Another alternative is to fight your foreclosure. I have successfully helped many of my homeowners stop the auction of their home by their banks and remain in their homes. I offer a free preliminary audit of your mortgage documents to see if I can help. I lost my home to foreclosure years ago and decided then and there to never let that happen again and to help anyone I can to avoid the same.
I offer a Free – No Obligation Consultation And Preliminary Audit of your mortgage situation.
Call (888) 819-6554 or fill out the Stop Foreclosure Help email form,
Click Here —>> http://help-to-stop-foreclosure.net/
Resource:
http://www.walb.com/Global/story.asp?S=12792338
Filed under avoid foreclosure, foreclosure assistance by
June 29, 2010
When a homeowner fails to repay their debt in full and defaults on their mortgage a foreclosure takes place. The lending institution will sell the property to repay the debt to make up for the loss on their books. The cause for foreclosures vary and in today’s financial crisis, some of the main causes of foreclosure is income reduction due to job loss, ridiculously high credit card bills and the list as you know goes on.
There are key elements that make up a foreclosure and the foreclosure process. One of the keys to keep in mind about the foreclosure process is the fact that time-lines and/or requirements that mortgage lenders must follow are different in each state. Therefore, a foreclosure may take as long as 3 years in one state but only three months in another to wrap up the foreclosure process. Not to mention that currently mortgage lenders are over burdened with foreclosures and this too will have an effect on how long the foreclosure process will take.
There are options, and understanding how a foreclosure process works will greatly help you in any situation that has to do with the foreclosure of your property or home.
If you are facing the same tragedy that too many others have gone through, please give me a call because I have helped many families avoid foreclosure and maybe I can help you too.
I offer a Free – No Obligation Consultation And Audit of your mortgage situation.
Call (888) 819-6554 or fill out the Stop Foreclosure Help email form, Click Here —>> http://help-to-stop-foreclosure.net/
Filed under Avoid Foreclosure Help by
June 22, 2010
Help To Stop Foreclosure has joined the Twitter Community and offers valuable Updates and tweets on many areas related to foreclosures. You will find updates, tweets and notices on, foreclosure, loan modification, mortgages, real estate, and property in general.
Find out the latest news, blogs, video and discussion surrounding foreclosure, and more.
Visit the Help To Stop Foreclosure Twitter Profile at: http://twitter.com/endforeclosuren
If you want to know about the newest happenings in the area of foreclosure you are going to want to follow me and my Help to Stop Foreclosure updates and tweets on twitter to do it today.
Also, if you need help to stop foreclosure Call (888) 819-6554 or fill out the Stop Foreclosure Help form, Click Here —>> http://help-to-stop-foreclosure.net/
Filed under twitter by
January 6, 2010
According to North Carolina state court records the number of homeowners on the edge about to lose their homes to bank foreclosure more than doubled in 2009 compared with the previous year.
North Carolina State court’s foreclosure filings rose over 17 percent from 53,960 at the end of 2008 to more than 63,000 through by the end or 2009, and 2008’s total was 8.6 percent higher than 2007’s numbers according to the court data.
Numbers and increased like this are happening all across the country.
If you have a need to stop yourself and home from becoming a part of these statistics click here for immediate asap help to stop your foreclosure.
Filed under stop foreclosure by
March 16, 2009
Produce the Note Defense
The Produce the Note defense for stopping foreclosure has gained a lot of interest. Homeowners are seeking for ways that they can get the upper hand on the lender foreclosing and stop foreclosure.
****************
*********************
When homeowners use the Produce the Note defense they are requiring that the lenders prove up the claim that they have the right to foreclose. The lender is the one asserting that it is the holder in due course with rights to foreclose by the very act of foreclosing; therefore, the burdens of proof is placed upon the lender to show proof, if it is demanded by the borrower/homeowner.
However, it is the homeowners job to assert their rights to the lender having the original note to prove standing as holder in due course and if the homeowner does not exert their right to require the original note be produced the homeowner is in effect waving the right to requiring the lender to produce the original note and the homeowner’s right is lost if not exercised.
Click here for the rest of the story!!
Filed under produce the note by
March 15, 2009
Eliminating Debts Can Help with Stop Foreclosure Or Relieve Other Money Issues
For many people reducing their expenses and debts can help them to have enough money to not get behind or even catch up on their mortgage and stop foreclosure or to help them Relieve Other Money Issues.
For some great free information on reducing your debts and low cost info on stopping debt collectors check out these articles in my newsletter or sign up and get your free debt elimination consultation Today!
Issue # 6 – Debt Elimination: Easy Tips to Relieve Your Consumer Debts
Issue # 7 – Debt Elimination: How to Cope with Debt Incurred During the Holidays
Get Help to Stop Foreclosure Today!
February 1, 2009
Get outstanding low cost and free foreclosure solutions help resources to help you stop your foreclosure Today!!! click –> foreclosure solutions Now!
Foreclosure Resources Free To Help You Stop Your Foreclosure – Get the Foreclosure Solutions Help and Prevention Assistance You Need Today!!!
|
|
|
|
http://help-to-stop-foreclosure.net/category/foreclosure-chat/
Foreclosure Solutions Foreclosure Answers Foreclosure Expert(s) Deed Lieu of Foreclosure
