What if you accept a forbearance and don't make your $2,000 a month mortgage payments for six months? Is this going to be a problem for millions of homeowners? ... (Continue reading)
But, forbearance is not forgiveness. At some point the money has to be paid back. The question for millions of Americans today is: How?... (Continue reading)
Los Angeles attorney, Mark Didak, who wrote an amicus brief in the Yvanova v. New Century Mortgage case, shares views and excitement related to the decision.... (Continue reading)
Max Gardner is one of the superstar lawyers of the foreclosure crisis. Here's a chance to hear his analysis of the recent California Supreme Court decision that everyone's talking about.... (Continue reading)
Senate Bill 1150... "clarify the responsibilities of a mortgage lender when a borrower dies and passes the home along to a survivor who wishes to assume the home loan." Lenders say that widows and heirs, if not on the... (Continue reading)
How would you like to find out that no one had told you that you had easy access to several hundred thousand dollars, and so not knowing, you made other plans that you didn't want to make and wouldn't have... (Continue reading)
I can't help but wonder how many seniors have made less favorable decisions as a result of biased and wholly inaccurate reporting on reverse mortgages, but it's impossible for me to believe that it's not quite a few. How... (Continue reading)
Call reluctance isn't some psychological problem that you can cure by talking to yourself or by being coached to pick up the phone within 30 minutes. You know why you're not calling your prospects... it's because you have nothing... (Continue reading)
This past September signified the fourth straight month of a decline in existing home sales, while mortgage interest rates hit two-year highs. The Mortgage Bankers Association index of mortgage activity is now at its lowest point since November of... (Continue reading)
How to strategic default? There's just one little, teeny-tiny, almost insignificant smidgeon of a problem with what the Mortgage Bankers Association's CEO was saying: He was completely full of shit. ... (Continue reading)
Having now spoken with several people who have struggled with the question of filing bankruptcy, I'm just trying to offer my two cents in case it might help even one person. ... (Continue reading)
I have but one thing to say to the Mortgage Bankers Association... Kush meer in toches. You can figure that one out without a Yiddish dictionary, right?... (Continue reading)