Approximately 6 Million Mortgages Currently Delinquent-Mortgage Mediation A Possible Solution?
By: Diana Olick CNBC Real Estate Reporter An article today in USA Today suggests thatmore troubled borrowers are turning to mediation in an attempt to avoid foreclosure. Mediation is when the borrower and the lender sit down with a court-ordered mediator, a third...
REO’s sold during April plunged
By: Diana Olick CNBC Real Estate Reporter Last year, when the rest of the nation's housing was still reeling from recession, California started to show signs of life. Sales increased and prices stabilized, despite the fact that it was one of the hardest hit states...
Bank Of America, Citigroup Incorrectly Hid Billions In Repo Debt
If you follow the banking and housing market, there has always been a 2+2=5 for us...something just didn't add up. How do the largest banks in the US produce enormous gains when all around is collapsing...their coffers of homes are growing in essence becoming the...
Active Army, Navy, Marines, Air Force, Cost Gaurd & Reserves…Soldiers & Sailors Act Protects against Foreclosure
God Bless America! The Soldiers’ and Sailors’ Civil Relief Act of 1940 (SSCRA) was updated and amended in 2003 by President Bush. This Act was created to protect our Fellows in Arms during their "Active Service". Many of our soldiers we're non-active in the National...
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