Don’t Try This at Home!
Times are tough, and some homeowners feel defeated by impending foreclosure. Some try to work out a solution with their bank. Others try to do a short sale.
Strategic Default Allows Some Homeowners to Swim Back to the Top
The dilemma today for many considering loan modifications or even considering whether to move from the trial to the permanent phase of the process is whether it is worth it in the long run.
Some Foreclosures Suspended for the Holidays – Express Homebuyers
Fannie Mae or Freddie Mac are halting foreclosures until the New Year. The two week break will allow families to celebrate the holidays without fear of eviction. This gives you more time to avoid foreclosure.
Loan Modification Program On Track, But..
The most recent report released December 10 indicated that the program is not only on target but ahead of schedule in terms of people who are at some point in the process.