Posts Tagged ‘attorney rick rogers’

Illinois Attorney Saves Homes from Foreclosure Using Reverse Mortgages

Written on 25 Jun, 2013 at 21:08

Reverse mortgages are not going to be an available path for many homeowners facing foreclosure, but for those 62 and older... who have equity in their homes... they can offer an answer and benefits that no other path can provide...... (Continue reading)

GUEST POST: Stop HAMP Discrimination Against the Disabled and the Elderly

Written on 30 Jun, 2011 at 18:46

Retirees and the handicapped experience higher living expenses, including home maintenance, spiraling healthcare costs, utilities, and other expenses associated with age, disability, and/or deteriorating health. That fact progressively reduces their disposable income and ability to make mortgage payments. ... (Continue reading)

Tagged with: americans with disabilities act attorney rick rogers bank of america banking lobby citibank disabled Disabled American Veteran discrimination double dip ecoa economic recovery economy elizabeth warren equal credit opportunity act Fair Housing Act Fannie Mae FDIC Chair Sheila Bair Federal Reserve Chairman Ben Bernanke foreclosure crisis foreclosures Freddie Mac HAMP HAMP Discrimination HAMP rule change Indymac bank jpmorgan chase loan modification loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman martin andelman ml-implode max gardner mortgage crisis mortgage refinancing mortgage servicers obama administration one west bank president obama recession rogers law group TARP Treasury Secretary Tim Geithner trial modifications wall street bankers wells fargo bank

GUEST POST: President Obama, please don’t let them take Grandma’s house!

Written on 17 Jun, 2011 at 21:00

A Guest Post by Chicago attorney, Rick Rogers of Rogers Law Group. Rick and I met last year when we attended Max Gardner's Boot Camp in North Carolina last year; we actually shared the Riverview Cabin on Max's ranch... (Continue reading)

Tagged with: attorney rick rogers bank of america citibank economy Fannie Mae FDIC Chair Sheila Bair Federal Reserve Chairman Ben Bernanke foreclosure crisis foreclosures Freddie Mac HAMP Indymac bank jpmorgan chase loan modification loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman martin andelman ml-implode max gardner ml-implode mortgage crisis mortgage refinancing mortgage servicers NACA one west bank REST Report reverse mortgage RMO HAMP rogers law group TARP Treasury Secretary Tim Geithner trial modifications wall street bankers wells fargo bank

Guest Post: Principal Reduction Modification Math, by Rick Rogers, JD/MBA

Written on 27 Feb, 2011 at 10:57

This report will compare the Net Present Value (NPV), of standard Home Affordable Modification Program (HAMP), modifications with Principal Reduction Alternative HAMP (PRA HAMP) modifications. If the mortgage principal balance on a home exceeds 115% of its market value,... (Continue reading)