One of the best ways to prevent foreclosure on your house is to file bankruptcy. This stops everything while you and the court try to figure out a payment plan that might let you keep [...]; . . . → Click Here to Read the Full Article
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The details are complicated, but the Wall Street Journal reports that the stimulus package will probably include some features that will make it easier for some people to get mortgages. Most mortgages these days (about 70%) are [...]; . . . → Click Here to Read the Full Article The constable cancelled a foreclosure auction and an eviction in Boston the other day when a group showed up to protest. The group’s goal is to make the lender take over ownership of the house [...]; . . . → Click Here to Read the Full Article As we have reported earlier (scroll throungh entries under “mortgage” category for all the details), modifying loans with lower interest rates or fixed interest rates can be a “win-win” for lenders and borrowers alike. [...]; . . . → Click Here to Read the Full Article If the value of the combination of your home equity loan and your regular mortgage exceeds the value of your house today, and if you are unable to make full payments on both of them, the [...]; . . . → Click Here to Read the Full Article The headline today on lead story on the front page of the Wall Street Journal says it all: Trader Made Billions on Subprime Here’s the beginning [...]; . . . → Click Here to Read the Full Article |
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