Foreclosure difficulties have arisen lately for homeowners with J.P. Morgan Chase as questions over the validity of foreclosure proceedings have come to light. Despite the fact that many say these foreclosures, although improperly processed, will unlikely be overturned, there is question as to why so many homeowners are still facing foreclosure problems from various...
Read more »
The devaluation in many homes across the nation have caused homeowners to become incredibly frustrated when they owe more on their mortgage than their home is actually worth. An underwater home loan has been a problem for numerous individuals across the nation and, in some cases, has become so burdensome that homeowners have decided...
Read more »
Wells Fargo’s mortgage modification program has reportedly helped numerous homeowners through both governmental initiatives and private modification programs. Numerous mortgage lenders have been working within Making Home Affordable Program in order to help homeowners avoid the loss of their home through modification efforts, but many say these programs are lackluster. However, recent foreclosure troubles...
Read more »
Homeowners with Citigroup still continue to struggle when it comes to making their home loan payments. Foreclosure prevention efforts have not stopped homeowners from losing their home or defaulting on their mortgage in many cases. However, there are still programs available that can assist homeowners by offering a lower monthly mortgage payment through various...
Read more »
J.P. Morgan Chase has been one of the top participants in the home loan modification program, which has offered both governmental and private modifications to homeowners in need of foreclosure prevention assistance. However, recent revelations that some foreclosures may have been improperly processed has caused homeowners to question whether modifications and other assistance plans...
Read more »
GMAC Mortgage/Ally financial has been in the news as of late due to questions over foreclosure practices by certain homeowners. While there are concerns that some of these foreclosures were improperly processed, many feel that the vast majority of these cases will be found to have been justifiable foreclosures despite troubles with document processing....
Read more »
With mortgage servicers like J.P. Morgan Chase, Bank of America, and GMAC Mortgage/Ally Financial suspending foreclosures due to questions over documentation and the legality of some of these proceedings, many homeowners are beginning to ask whether they were unjustly foreclosed upon, while others are wondering if home loan modifications are still helping homeowners since...
Read more »
Unemployed homeowners have primarily turned to home loan modifications as a way to lower their mortgage payments, in the hopes of avoiding foreclosure. However, changes in certain rules may disqualify some homeowners from claiming unemployment benefits as income, which could cause difficulties for those looking for a modification. Yet, alternative mortgage assistance plans for...
Read more »
California homeowners, who have been hard hit by unemployment and housing difficulties, may have specific mortgage assistance options from the California Housing Finance Agency. A program, called Keep Your Home, is set to offer numerous mortgage assistance plans for homeowners who may be struggling with various mortgage difficulties. The Making Home Affordable Program has...
Read more »
Bank of America has recently suspended foreclosures so that the validity of foreclosure documents can be assessed as questions have been raised as to whether certain servicers properly handled foreclosures in various states. While Bank of America has stopped foreclosure proceedings in all states, there is question as to whether the source of these...
Read more »
