Foreclosure Defense and Loan Modification in 2019 It has been a decade since the mortgage crisis began, and foreclosure defense and loan modification services remain indispensable. The HAMP loan modification program expired in 2017, and most people thought that foreclosures … Continue reading →
Loan Modification Programs in 2019? Who would have ever thought it? When we began helping homeowners more than a decade ago, we thought the mission would last a few years. A decade later, we still receive inquiries from people struggling … Continue reading →
Quiet Title Lawsuits and the Mortgage Securitization (MERS) Argument By: Michael Powers By now, you have probably heard of the MERS system and mortgage backed securities. The MERS system was the system used to transfer, sell and “pool” millions of … Continue reading →
Commercial Mortgage Loan Assistance By: Michael Powers I’m sure you’ve heard of the widely publicized residential mortgage crisis in the past seven years. However, it is likely that you did not know many commercial mortgages have been impacted as well. … Continue reading →
Loan Modification Results: Outcomes Vary Widely By: Michael Powers Most of the homeowners who got stuck in bad loans during the mid 2000’s have experienced the loan modification process. Millions of Americans have been able to remedy their mortgages with … Continue reading →
CFPB Encourages Attorney Representation for Distressed Homeowners By: Michael Powers In December of 2013, the Consumer Financial Protection Bureau (CFPB) announced a new campaign. The campaign seems to convey that the CFPB encourages attorney representation for distress homeowners. They call … Continue reading →
Homeowners in Foreclosure Failed by Justice System By: Michael Powers There are no two ways about it. The US legal system has always served the interests of those who can afford it. Truth and justice? Well, those are words for … Continue reading →
HAMP Loan Modification Defects Beginning to Surface By: Michael Powers In response to the mortgage crisis of 2007, President Obama rolled out his Making Home Affordable (MHA) Programs. Beneath the MHA umbrella, The Home Affordable Modification Program (HAMP) was a … Continue reading →
Foreclosure Attorney: What They Do, and Which One’s Right for You. By: Michael Powers If you are seeking assistance with mortgage delinquency or foreclosure, you’ve probably been told to “hire a foreclosure attorney”. The Federal Trade Commission (FTC) forbids “non-attorneys” … Continue reading →
What it Means to “Stop Foreclosure” By: Michael Powers “Stop foreclosure” is a tricky phrase to say the least. it is often used in situations where ‘postpone’ or ‘delay’ would be more accurate. The Federal Trade Commission (FTC) has deemed … Continue reading →
