A family in Port Saint John, Florida stood staring at the terrifying gaping jaws of foreclosure, but thought they had been saved once a much needed mortgage loan
modification had been approved. Imagine the shock they felt just a year later when
they discovered their lender, Bank of America, was foreclosing on them even though
they hadn’t missed [...]
If you are like millions of Americans who have been suffering because of the economic downturn, then you are probably trying to save your home from foreclosure. You are not alone in your fight to avoid foreclosure. Anyone who has been through foreclosure can tell you that it is a very stressful ordeal. [...]
Every evening, countless number of Americans include trouble sleeping given that the two fully understand that alongside a brand-new week comes the more worry that they could very well be facing the entire distressing ordeal of the property foreclosure of their residence. A great deal of folks usually is throughout this particular situation merely [...]
For years banks have been taking advantage of their customers through their criminal acts of securities and foreclosure fraud. While it seems like the recent $26 billion foreclosure settlement that the US Attorney General and Attorneys General of 49 states reached with the biggest of the nation’s predatory lenders should usher in a new era of [...]
Predatory lenders such as GMAC, Bank of America and JP Morgan Chase have been committing widespread mortgage fraud and illegal foreclosures on innocent, hardworking homeowners using a technique used as robo signing. They have used this technique to push foreclosures through before anyone could notice that they were illegal foreclosures.
The practice of [...]
Time and time again we continue to hear that foreclosure rates remain at all time highs, and as soon as it seems like things might be getting better, they shoot back up again. Recently, we have heard that foreclosures are starting to drop, which on the surface seems like great news. However, just [...]
Over the past decade, we have seen foreclosure rates continue to rise. Thanks to neglectful, unethical and criminal activity of the major lenders such as JP Morgan Chase, Bank of America, GMAC and others, not to mention their poor record keeping, thousands of people have lost their homes to a foreclosure that they would [...]
The Obama administration introduced the HAMP mortgage loan modification program as a way to help homeowners who were in danger of defaulting on their mortgage loans an opportunity to receive new terms on their loans and stop foreclosure from happening. It was a chance for hard working Americans to escape from the terms of [...]
Many people think that once their house has been foreclosed upon, that is it. They don’t realize that they do have the potential ability to stop foreclosure proceedings. There are a lot of cases where houses that never should have been foreclosed on have had wrongful foreclosures brought against them, and people that never should [...]
Many people think that once their house has been foreclosed upon, that is it. They don’t realize that they do have the potential ability to stop foreclosure proceedings. There are a lot of cases where houses that never should have been foreclosed on have had wrongful foreclosures brought against them, and people that never should [...]