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 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 →
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 →
Foreclosure Alternatives Reducing Mortgage Delinquency By: Michael Powers Recently published Hope Now statistics are showing a declining mortgage delinquency rate. Both loan modification and foreclosure alternatives have contributed to reduce foreclosure starts in 2013. While the mortgage crisis is not … Continue reading →
Legislators Pass Homeowner Protection Laws to Stop Deceptive Practices By: Michael Powers Banks are bracing themselves for lawsuits as legislators pass homeowner protection laws designed to stop deceptive practices. Your legislators are telling you that they have seen enough fraud … Continue reading →
Mortgage Forgiveness Debt Relief Act * * * This information is published by the U.S. Internal Revenue Service and is also available at www.irs.gov. * * * If you owe a debt to someone else and they cancel or forgive … Continue reading →
By: Michael Powers If Bank of America is paying money to steer homeowners away from foreclosure defense attorneys, they must believe that there is some value in doing so. To the consumer seeking assistance with a foreclosure or distressed mortgage, … Continue reading →
