Bank of America announced today that it has expanded its halt of foreclosures and sale of foreclosed properties from 23 states to include all 50. Other large institutions such as JP Morgan Chase and Ally Financial (formerly GMAC) are expected to follow suit and will probably happen before I can finish this post. One article . . . → Read More: Bank of America Foreclosure Halt Increases to All 50 States – How Will This Impact the Housing Recovery?
Many homeowners are being met with increasingly difficult circumstances which threaten their financial stability making it difficult to stay in their homes. If you have experienced or anticipate job loss, reduced hours, the loss of overtime or bonuses or other such income reducers, there are steps you can take to increase your ability to remain . . . → Read More: Foreclosure Avoidance Programs
Are you current on your mortgage and want to stay that way? Would you like to take advantage of a lower interest rate to reduce your monthly budget? Or, is there an interest rate adjustment in your future?
The truth is that around 96% of mortgages are paid on-time, and loan modifications are not just . . . → Read More: Lower Your Mortgage Rate with a Loan Modification