Foreclosure Help

Persistence Pays Off After 18 Months of Faxes and Late Fees

(Source: The Detroit Free Press) – For 18 months, saving the little house on the slab foundation and her organic garden became Ann Damon’s full-time job.


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Revisiting the Legacy of HAMP in a Great Contraction World

(Source: Seeking Alpha) – It looks like the term “Great Contraction” is taking off to describe the debt overhang problems in the economy. Here’s Kenneth Rogoff with a commentary piece titled The Second Great Contraction:


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Under New Rules, Loan Modification Won’t Protect you From Foreclosure

(Source: By Donna Gehrke-White, Sun Sentinel) – Many South Florida homeowners facing foreclosure may believe getting a preliminary loan modification offer from their lender will save them from losing their home. But, in fact, new rules approved by Fannie Mae [...]


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36th Free Wells Fargo Home Preservation Workshop in Chicago Aug. 17-18, 2011

CHICAGO, Aug 08, 2011 (Source: Market Watch) — Wells Fargo & Company WFC -2.37% announced today it is hosting its 36th free Home Preservation Workshop in Chicago on August 17 -18, 2011 for Wells Fargo Home Mortgage, Wells Fargo Financial, [...]


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Free Homeowner Counseling Event in San Diego on August 13th

(Source; LoanSafe.org by Alex Ferreras) – For those who need instant help to get a loan modification, or just need a professional to help you find solutions to save your home, this event will offer that assistance.Register ASAP and mark [...]


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Interfaith Group Hosts Loan Modification Event

(Source: DaleCityPatch By Nathan Curby) – A faith-based group is trying to help Prince William County residents who are struggling with their mortgages renegotiate with their lenders.


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Cuccinelli Settles With Loan Modification Company

RICHMOND, Va. (Source: Legal Newsline BY BRYAN COHEN) – Virginia Attorney General Ken Cuccinelli announced last Monday that his office has reached a settlement with a Virginia Beach, Va.-based mortgage loan modification company.


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17 News Investigation: Homeowner Challenges Bank

(Source: 17KGet) – A Bakersfield homeowner is taking on a bank, in a battle that could have sweeping implications for people facing foreclosure.


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Chase Opens Homeownership Center Near Fort Hood

KILLEEN, Texas, Jul 20, 2011 (Source: MarketWatch) – Continuing its support of military personnel and their families, Chase has opened its newest Homeownership Center near Fort Hood to provide one-on-one help for homeowners struggling with their mortgage payments.


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Mortgage Payment Help Available in Montana

MISSOULA (Source: KPAX by Angela Marshall) – There’s help available for Montana homeowners who are struggling to make their mortgage payments. However, they first must meet some qualifications to be eligible for the assistance.


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Chase Opens Center to Help Struggling Homeowners

(Source: MySanAntonio By Patrick Danner) – JPMorgan Chase & Co., among the nation’s largest mortgage-loan servicers, has opened a San Antonio office to provide help for homeowners struggling to make their monthly mortgage payments.


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Home Loan Modification Hard to get, Report Says

(Source: The Press Enterprise Leslie Berkman) – California  homeowners continue to have trouble getting home loan modifications that stick under the Obama Administration’s Home Affordable Mortgage Program, according to a report released Tuesday by the California Reinvestment Coalition, a consumer [...]


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Short Sale Can Help Homeowners Avoid Foreclosure

(Source: By PAMELA YIP The Dallas Morning News) – For homeowners upside-down on their mortgage – owing more on the loan than the house is worth – foreclosure isn’t necessarily the only option.


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Free Homeowner Counseling Event in San Diego on July 16th

(LoanSafe.org) – Homeowners who need dire assistance should come to this free. Families and walk ins are most very welcomed. Save hundreds of dollars in pro-bono legal sessions to learn your legal rights that you have for your financial hardship.Come [...]


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Hundreds in Hollywood Wait in Line for Help to Save their Homes

(Source By Donna Gehrke-White, Sun Sentinel) – HOLLYWOOD Some homeowners emerged jubilant from the Westin Diplomat Resort on Monday, snagging instant mortgage modifications during a daylong event in Hollywood.


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Wells Fargo to Help Central Valley Customers Facing Mortgage Payment Challenges

MODESTO, Calif., Jul 11, 2011 (Source: Market Watch) — Wells Fargo & Company WFC +0.84% announced today it is hosting a free workshop for Wells Fargo Home Mortgage, Wells Fargo Financial, Wachovia Mortgage and Wells Fargo Home Equity customers facing [...]


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Pacoima Couple Accuses JPMorgan Chase of Illegally Foreclosing on Home

LOS ANGELES (Source: Daily News Wire Services) – A Pacoima couple is suing the financial services firm JPMorgan Chase for allegedly disregarding federally backed loan modification agreements and illegally attempting to foreclose on their home, according to court papers obtained [...]


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Treasury Slams Big Banks’ Mortgage Modifications

(Source: By Julie Schmit, USA TODAY) – The nation’s largest mortgage loan servicers have done a poor job in modifying distressed home loans through the government’s foreclosure prevention program and need “substantial improvement,” the Obama administration said Thursday.


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HUD to Give Away $1 Billion to Struggling Homeowners

(Source: Washington Post By Cezary Podkul) – Sandra Allwine has been pleading with her bank for more than two years to modify the mortgage on her Arlington County home. Despite exhausting all her savings and having her daughter move in [...]


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BofA Accord May Lead to Mortgage-Principal Writedowns, Bill Clinton Says

(sOURCE: By Hugh Son) – Former President Bill Clinton said Bank of America Corp. (BAC)’s accord with mortgage-bond investors may give more “underwater” borrowers a chance to cut the amount owed on their home loans.


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Oregon Foreclosure Bill Regulating Loan Servicers Still Alive

(Source: By Brent Hunsberger, The Oregonian) – Sources say at least one bill aimed to extending foreclosure protections for consumers and adding greater oversight over loan servicers remains alive today in the Oregon Legislature.


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Mortgage Assistance Program Ready For Troubled Homeowners

(Source: KTUL by Kim Jackson) – If you are afraid of losing your home, there are several programs to help save it. One federal assistance program just started this week.


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Are Short Sales Driving Prices Down?

(Source: DanvillePatch By Lauren Holloway) – I receive Real Estate magazine in my mailbox each month. This is a magazine that is part of my real estate association membership, and always has some pertinent articles in it.


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Foreclosures Are Not Going To Go Away Anytime Soon

(Source: By Rose Meily, for Silicon Valley Community Newspapers) – When it comes to foreclosures and short sales, there is not much good news on the horizon, a foreclosure data expert said last week. Michelle Lenahan, director of customer service [...]


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Wells Fargo Hosts Workshop for Customers Facing Mortgage Payment Challenges

Jun 20, 2011 (Source: Wells Fargo) – In response to the continued challenging economy, Wells Fargo will be hosting a local Home Preservation Workshop to help Southern California Wells Fargo or Wachovia customers who may be facing financial hardships. Borrowers [...]


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People Line up for Mortgage Modification Event

(Source: 8 News Now by Natalie Cullen) – Las Vegas valley homeowners looking to modify their mortgages in an effort to keep their homes will have a chance over the next five days. Experts will be on hand at one [...]


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Illinois Slow to Launch New Aid Program for Delinquent Homeowners

(Source: Chicago Tribune By Mary Ellen Podmolik) – Eight months after the Treasury Department announced additional funds to help hard-hit homeowners in 18 states and Washington, D.C., Illinois is the last of the group to get its program off the [...]


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Short Sales Gain More Acceptance

(Source: KPBJ Rodika Tollefson) – The sharp dropped in real estate values that left many homeowners “upside down” in their loans (owing more than the home is worth), which gave rise to shot sales — banks agreeing to allow homeowners [...]


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Ore. Senate OKs Bill to Help Loan Modifications

SALEM, Ore. (Source: KTVZ) – The Oregon Senate approved a bill Wednesday to clarify, streamline and add some teeth to the state’s foreclosure laws.


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