States Probing Possible Foreclosure Violations

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All 50 states and the District of Columbia are investigating allegations that mortgage companies used flawed documents when working on foreclosures of hundreds of thousands of homes. Some experts are hoping this in-depth look will lead to reform to fix the issues. But the changes could take a while.
The probe would force banks to follow [...]

Consumers Have Trouble Deciding When Foreclosure Is Best Option

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There is a lot of information in the news every day about programs like the government’s mortgage modification program. The program is intended to give consumers an opportunity to lower their mortgage payment by changing the terms. The program was put into place during the recession because many homeowners found themselves either unemployed or with [...]

Beware Of Mortgage Relief Scams

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It seems mortgage problems have been in the news nonstop recently but now consumers have yet another issue of concern. Mortgage scams are on the rise as people desperate to hold on to their homes become victims of unscrupulous scams. Sadly the end result is that homeowners often lose their homes even more quickly.

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