Posts Tagged ‘foreclosure avoidance’

What Congress Learned From TARP is Causing the Foreclosure Crisis to Continue

What Congress Learned From TARP is Causing the Foreclosure Crisis to Continue

HAMP is guaranteed to do no more than it has done to-date, and that new defaults and re-defaults will continue to perpetuate the crisis, causing millions more Americans to lose homes unnecessarily.... (Continue reading)

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At the Bank of America Signpost Up Ahead, Your Next Stop – The Loan Modification Zone

At the Bank of America Signpost Up Ahead, Your Next Stop - The Loan Modification Zone

A homeowner wrote to me the other day, and I could tell from her emails that she had been through the ringer trying to get a loan modification. I've heard from so many thousands of homeowners that I've gotten... (Continue reading)

HEY, CHASE! YEAH, YOU… JPMORGAN CHASE! One of Your Customers Asked Me to Give You a Message…

Just to make it interesting... and fun... I'm going to do my best to really paint a picture of the situation, so the reader can feel like he or she is there... in the picture at the time of the... (Continue reading)

The secret NPV formula used to qualify for HAMP loan modifications that no one is allowed to know. Transparency at it’s finest.

The secret NPV formula used to qualify for HAMP loan modifications that no one is allowed to know.  Transparency at it’s finest.

If your report says you don't qualify for HAMP, then you won't have to go down a path that requires you to make months of trial payments only to find your home in foreclosure anyway. At least you'll know... (Continue reading)