TALLAHASSEE, FL – As part of National Consumer Protection Week, Attorney General Bill McCollum today issued a consumer advisory on foreclosure rescue services and foreclosure-related loan modification ...
Foreclosure filings continue to mount locally, though more are being pulled before a sheriff’s auction as banks negotiate loan modifications. In Butler County, 268 foreclosure filings were processed ...
A new report shows that Barack Obama's loan modification program has, so far, failed to stop the growth of foreclosures. The report, which was released Friday by the federal government, shows that ...
Mortgage loan modification is a type of restructuring for homeowners facing financial hardship and having a tough time making their mortgage payments. Many borrowers request a home loan modification ...
*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. LOS ANGELES • Grocery owners William and Esperanza Casco were making enough money to stay current on their mortgage, but when ...
At one point in 2008, Tim and Rochelle Falkenberg thought they were getting a chance to turn around the foreclosure process on their Lakeville home. More than two years later, the Falkenbergs are ...
This week, our CRED iQ research team explored trends in workouts and resolutions for commercial real estate securitized loans so far in 2024. This analysis included the workout strategies across ...
A loan modification is often billed as a lifeline for homeowners in trouble. But if you ask Johnnie Jefferson, an 85-year-old resident of Richmond, TX, she’d tell you that a loan modification has ...
Loss mitigation is a collaborative process between borrowers and mortgage servicers to prevent foreclosure. It involves various strategies to help homeowners manage their mortgage payments and avoid ...
Preforeclosure begins when a homeowner has missed several monthly mortgage payments (often three consecutive payments in a row). Preforeclosure indicates that the lender is legally pursuing ...
On November 17, the U.S. Department of Veterans Affairs (VA) asked all mortgage servicers to pause any foreclosure proceedings of VA-guaranteed loans, as well as extended its Covid-19 Refund ...
On May 1, the Trump administration abruptly shut down the only affordable option for many vets who are seriously behind on their VA home loans. The program is called the VA Servicing Purchase program, ...
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