President Obama’s Federal Loan Modification Plan-27 Approved Lenders – Check For Yours

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  • Is your mortgage naked?
    Lenders can't foreclose on your home if your mortgage is naked. That's what the court told Fannie Mae when it sided with a Massachusetts homeowner who was close to being evicted from her home. Yes, we can foreclose on naked mortgages, Fannie and loan servicer Green Tree Servicing say in court documents. The ultimate decision on […]
  • Foreclosure, Beverly Hills style
    It's often said that the rich are different, but maybe not in the way you'd think. They're suffering foreclosures at a faster clip than the rest of the nation, even though more of them can afford to pay their mortgage. Reuters  news agency compiled figures from RealtyTrac and found that 180 homes In tony Beverly Hills, […]
  • Delinquencies and foreclosures drop
    The percentage of delinquent mortgages declined and fewer loans were in foreclosure in the last quarter of 2011, says the Mortgage Bankers Association. About 7.58 percent of outstanding mortgages were past due in the fourth quarter, a decline of 41 basis points on the seasonally adjusted delinquent rate. When compared to the first quarter of 2010, […]

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