June 2009

Submitted by a homeowner and member of the LoanSafe.org Forum. Please don’t take the bait like this guy did. Read my blogs, download my FREE e-book on the right of this website or join the forum with 16,000 other homeowners [...]

I have been talking about this for two years and it looks like the NY Times has caught on to the fact that mortgage servicers are screwing thousands of struggling homeowners out of their homes. Oh really?! Come on members of [...]

WASHINGTON (KCBS) – The Obama administration is becoming impatient with the slow pace by which mortgage companies are modifying loans for millions of homeowners. The $75 billion taxpayer-financed program has averted a relatively small number of foreclosures. As KCBS’ Susan [...]

The FTC filed an amended complaint adding several new defendants in the action currently pending against Federal Loan Modification Law Center, LLP, and six related defendants. The original complaint, filed on April 3, 2009, charged the defendants with misrepresenting that [...]

President Barack Obama’s loan modification plan gives servicers all kinds of options for getting a borrower’s debt-to-income ratio down to that 31 percent threshold. They can extend the terms of the loan, lower the interest rate, and even–if they are [...]

Are you renting an apartment, a single-family home, or a condo? Are you worried about the increasing number of foreclosures and that one morning when you wake up, the sheriff is knocking at your door and then informing you that [...]

If you are a member of the U.S. military, here are some good news for you because President Barack Obama has approved a stimulus package bill that may help you with problems regarding your home. This bill contains a provision [...]

I hear it all the time. “Screw the banks Moe. They took everything from me and my family. They get bailed out with billions of dollars and my family gets nothing. I have been trying to work with these idiots [...]

Taylor, Bean & Whitaker Mortgage Corp., one of the country’s largest wholesale mortgage lenders, made the agreement following a multistate examination of its lending practices in 2006 of so-called exotic mortgages, including interest-only and adjustable-rate mortgages, state officials said. The [...]

The first thing that you need to understand is that there are no foreclosure bankruptcy loans available right now. I am sorry to be the bearer of bad news, but no lender will  touch you for about 3 years at [...]

The facts are that not everyone can get “free” help and MANY homeowners need a good lawyer to help them through the legal maze during the foreclosure process. If you’re looking for a good foreclosure attorney in California, then I [...]

Freedom Foreclosure Prevention Services and their group of kitchen table home savers look to be in a bit of trouble with the FTC. One thing is for sure, I am not surprised one bit! I have been following the loan [...]

A loan modification didn’t work and the darn Realtor handling your short sale didn’t really sell much of anything. So, now you are left holding the raft, with no paddle in a fast moving crappy creek and all you want to know is, [...]

The Washington State Bar Association has launched a program to provide free legal help to low- and middle-income people in danger of losing their homes to foreclosure. Homeowners who call a toll-free number will be referred to volunteer attorneys in [...]

More and more reports are coming out of foreclosed homeowners stripping their properties of anything of value before they bail on the bank. In my forum over at LoanSafe.org, I am getting a lot of questions in regards to what I [...]

When the government leaves and Wall Street takes over, we have Main Street problems. Haven’t we already made this fantastic business discovery America? The failed Indymac and subsequent takeover by the FDIC has garnished a lot of press, fan fare [...]

I am glad to see major media publications starting to report the truth again. The facts are that homeowners  still are not getting the help they deserve from mortgage servicers. Even with Obama, the US Treasury, OCC, OTC etc up their arses, [...]

Attention homeowners! We have yet, another mortgage assistance bill to supposedly help you out and impose restrictions on mortgage servicers who “do not have” a loan modification program in place. Well, last time I checked (daily), almost every single lender [...]

Words submitted by a homeowner/reader: But then again, all the other banks are in that similar situation. My stomach turns everytime i here that these banks are requesting more stimulus money…where is the accountability of the first millions handed to them, [...]

Millions of homeowners are looking for immediate help to stop foreclosure. They just do not have time to play games for months on the phone and they need legitimate emergency mortgage assistance programs NOW! If you came across this blog, [...]

This Bryan D’Antonio is a total scum bag that has scammed struggling Americans for years and has already served 4 years in prison for similar offenses. This is the 2ND time he has stole money from mass amounts of people and he [...]

If you’re a homeowner and you’re in foreclosure, you will most likely want to know your rights.  Unfortunately, you have very few rights outside of what is allowed by your state’s laws and these laws primarily deal with specific time [...]