Washington Post By Dina ElBoghdady Wednesday, Apr 13, 2011 Three federal agencies announced agreements with the nation’s largest mortgage servicers Wednesday that aim to stem shoddy foreclosure practices. But the plans do not immediately impose financial penalties on the companies or force them to reduce the mortgage debt for troubled borrowers. The deals require the […]
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HOW SENATE BILL 61 WOULD SAVE HOMES FROM FORECLOSURE AT NO COST TO TAXPAYERS How big is the home foreclosure problem now? Our country is facing a foreclosure crisis that is unprecedented. Home mortgage payments have risen dramatically in the last few years, making it impossible for more and more homeowners to afford to keep
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As millions of Americans are losing their homes, often unjustly because they were enticed into programs that have harmed them, at least one Website is gleefully tallying the number of these outrageous lenders that have run into trouble themselves. The Mortgage Lender Implode-O-Meter has become so recognized that, according to The New York Times, at
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The United States Trustee’s office warns you about bankruptcy foreclosure scams. These are serious matters that can get you in more trouble than the financial trouble of which you were trying to escape in the first place. If your home is posted for foreclosure in Texas you have very little time to act. The longer
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