Obama's Foreclosure Plan

Last month, we talked about how the voluntary moratorium on foreclosures had come to an end, and was a strong indicator that the foreclosure crisis was about to reach out to a whole new level! Guess what… it’s happening! Today, in a writeup from Bloomburg, its being reported that the Foreclosure Rate is Hitting All-Time [...]

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Since the new Obama Administration took office, the foreclosure rate has been spun by news outlets and our Government, so the people (Yes…US) would be under the impression that the foreclosure plan was working! Guess what… it’s not!
Foreclosure Crisis Reality
The truth and reality is… as soon as Obama took office, many lenders placed a voluntary [...]

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Ask your Bank to Work with You
Talk to your bank as soon as you know that you are late on a payment and ask for a workout agreement. The sooner you start an open dialog with your bank the better. I know that it can feel humiliating to lay out your financial story to some [...]

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