U.S. Mortgage Delinquencies Reach New High in November
Written by: Timothy McFarlin | Publish date: December 20th, 2009
Among U.S. homeowners with mortgages, 7.91 percent were at least 30 days late on payments in November
Legislation to give Judges Power to Modify Mortgages Likely to Fail
Written by: Timothy McFarlin | Publish date: December 15th, 2009
Controversial legislation that would give judges new power to rewrite home mortgages is on life support
Foreclosure Rescue Failure: Only 1 Out Of 1,600 B of A Borrowers Have Received Permanent Modifications
Written by: Timothy McFarlin | Publish date: December 12th, 2009
At Bank of America, only 98 out of 156,864 borrowers in the trial program had received permanent fixes
Credit Impact of Loan Modification- Good News for Homeowners
Written by: Timothy McFarlin | Publish date: November 22nd, 2009
This new way to report a loan modification does not have any negative impact to a consumer’s FICO credit scores
Short Sale vs. Foreclosure
Written by: Timothy McFarlin | Publish date: August 28th, 2009
Homeowners that can’t meet the demands of lenders in a timely manner, whatever the reason may be, are subject to seizure and the loss of their home.
