Articles in Loss Mitigation
Gov. Arnold Schwarzenegger bans all foreclosure consultants, including loan modification firms and attorneys who specialize in loan mods, from asking for any upfront fees.
On October 11, 2009, Governor Schwarzenegger signed Senate Bill 94 (Calderon), and …
MLS # C09003076
Price $284,900
Type 2 Story
Bedrooms 4
Bathrooms 2.5
This Corporate Owned home features soaring vaulted ceilings, Gourmet kitchen w/center island. Family room with cozy fireplace that leads out to a low maintenance rear yard with pool, …
Foreclosure has become a national epidemic and we are all experiencing challenging times. It is during these times that we must all share valuable information that can protect us from the danger of opportunist poised to take …
President-elect Barack Obama, in his first news conference last week, called on the Treasury and other government agencies to “use the substantial authority that they already have to help families avoid foreclosure and stay in …
What is Mortgage Loss Mitigation?
It is the process of alleviating (mitigating) losses to the lender and the Homeowner. Loss Mitigation is guided by a desire to:
1. Decrease financial losses for the lender.
2. Keep Homeowners …
There is nothing more heartbreaking than the devastation of a family losing a home to Foreclosure. Unfortunately, Foreclosure has become a national epidemic and thousands of homeowners lose their homes every year to the Foreclosure …
Interest Only, Stated Income, Option ARMS and all the other easy-to-obtain band-aid mortgages loans of the once-booming housing market, have placed some homeowners in an extremely critical position. They need stitches to close the huge …
You just got an official looking notice in the mail that looks like this-
The foreclosure process begins after several months of the borrowers missed mortgage payments. Often because of little or no communication with the …
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Jul 26, 2007 – Knight Ridder Tribune Business News
Author(s): Mitch Deacon
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Jul. 26–VICTORVILLE — Mortgage default notices in San Bernardino County surged 180 percent in the second quarter compared to the same time last year, while …
