How a Short Sale Works for Homeowners Facing Foreclosure

home title Posted by Amanda L Carter on May 14th, 2009 | Comments Off home title
The AP today reported that the White House is expanding its mortgage aid program, adding some new options for homeowners to avoid a foreclosure. According to the story, the “new initiatives are expected to streamline the process of selling a…
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More than Half of us Know a Victim of Foreclosure

home title Posted by Amanda L Carter on May 11th, 2009 | Comments Off home title
As the bleak economic climate lingers, more Americans are being forced into foreclosure on their homes. FindLaw today released data from its latest survey that found a staggering one on three (31%) Americans know someone who has lost their home to foreclosure, and…
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State Supreme Court Stops Foreclosures, Gives Loan Modification a Chance: What Next, and Will Other States Follow?

home title Posted by Amanda L Carter on May 5th, 2009 | Comments Off home title
One recurring theme of the ongoing recession has been the seemingly incessant stream of foreclosures. However, South Carolina’s highest court late yesterday afternoon issued a temporary restraining order (TRO) putting a freeze on thousands of imminent foreclosure sales in the…
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Arrangements with Loan Modification Agents Could Be Running and Capping

home title Posted by Amanda L Carter on May 5th, 2009 | Comments Off home title
As government programs encouraging loan modifications and foreclosure alternatives flourish, many brokers and loan modification agents are seeking to enlist attorneys in “new business models” around the opportunities created by the subprime mortgage meltdown, according to an article in the…
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How to Find Home Foreclosure Help

home title Posted by Amanda L Carter on May 1st, 2009 | Comments Off home title
The FDIC has compiled a list of compelling statistics that bring home the depth and breadth of the current foreclosure crisis. Did you know? Every three months, 250,000 new families enter into foreclosure. One child in every classroom in America…
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