- Loan Audits that reveal Truth in Lending violations help folks get mortgage principal reductions
Your chances of getting a loan modification that includes a principal reduction improves if the original lender did something wrong when the loan was originated. Unfortunately, Lenders are still not "voluntarily" reducing principle balances ... read more +
31-Dec-2008 10:06a
- Hope 4 Homeowners having trouble Getting off the Ground
Lenders continue to refuse to reduce the principal balances of mortgages. As a result, the Hope for Home Owners program is not working. Early projections indicate that only 20,000 troubled homeowners will apply for the "Hope for Homeowners" program, ... read more +
13-Nov-2008 10:57a
- HOPE FOR HOMEOWNERS PROGRAM IS A BUST SO FAR:
To date, most lenders are not taking advantage of the FHA Hope for Homeowners loan program. Rather then reducing loan balances to allow borrowers to REFI out of foreclosure, Lenders are pursuing direct loan modification and rarely reducing ... read more +
9-Oct-2008 12:36p
- Housing and Economic Recovery Act of 2008
The Housing and Economic Recovery Act of 2008 contains "HOPE for Homeowners Act of 2008" & provides a new tool for attorneys and clients in the defense of home foreclosure. read more +
3-Sep-2008 4:20p
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