Upside-down on your Mortgage? Welcome to the Majority!
refinance upside down mortgage obama
Homeowners are rushing to refinance or modify their mortgages because of President Obamas “Making Home Affordable” plan. This $75 billion mortgage bailout will help millions of homeowners get a refinancing or loan modification into a better, more affordable, monthly payment. This plan will also help people who are in foreclosure or [...]
Mortgage Default Notice
Question: How do the following affect your credit?
Foreclosure vs. notice of default vs. missing two mortgage payments, vs. short sale after notice of default. Does a short sale where a person with a loan convinces the lender to take less than what is owed have a larger negetaive effect on credit than [...]
Loan Modification Attorneys California
Question: Should I do my own loan modification?
I live in southern california and property values dropped like crazy. Should I do my own loan modification or use an attorney? Is it hard?
Answer: From what I understand, an attorney (who actually specializes in Loan Modifications) can get you a better rate because they [...]
California Loan Modification Legislation
Feldman Law Center – Loan Modification
Presîdent Obama has îssued a new plan to help stabîlîze the Amerîcan economý. Part of that plan îs dîrected wîthout delaý at uneasý homeowners, tîtled’Makîng Home Affordable.’ Thîs program has dedîcated $75 bîll to salvagîng the home loans of amerîcans wîth troubled fînances, whîch amounts to about [...]
Home Loan Modification California
Question: What is the Consequence of foreclose home in California?
My girlfriend and I bought a house together a couple years ago for $340,000 (monthly payment of $3000/month) in California. Now our home value is $120,000. We decided that it is not worth keeping our house and thinking of letting it [...]
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