Obama's Foreclosure Plan

Cases where lenders continues with foreclosure proceedings despite homeowners remaining under evaluation will be banned under new rules being reviewed by the Obama administration.
The changes reflect the continuing pressure that the administration is feeling to keep the HAMP program on track in the face of growing complaints that the bureaucracy and back-stabbing at the heart [...]

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President Obama reached out to the five states most affected by the housing meltdown Friday, but the gesture appears to be longer on promise than substance.
The idea is to set aside $1.5 billion in foreclosure initiatives for homeowners in Nevada, Michigan, Arizona, California and Florida. All have seen at least 20% declines in home values [...]

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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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Foreclosure laws vary from state to state as far as the exact process you must follow in order for a bank or lender to foreclose on your home. Knowing the foreclosure law in your state can help you negotiate with your lender and perhaps avoid foreclosure altogether.
One of the largest differences in foreclosure law is [...]

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Stress at home is becoming a much larger issue than ever before! As more people lose their jobs or have to settle for lower paying positions due to company cutbacks, many of us are facing something we never thought we would, Foreclosure on our Homes! For those of us who take pride and responsibility in [...]

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With the Obama Foreclosure Prevention Plan ready to come into effect on March 4th, the one main question we are patiently awaiting an answer to:  Will the Plan Save my Home?
The short answer is YES, but as with everything… its much more detailed than that! Lets review the Obama Foreclosure Plan from end to end, [...]

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Today is the day many homeowners and lenders have been patiently awaiting! During his campaign, President Obama addressed several key issues he was going to immediately tackle when he got to the White House… one of those issues, is the Foreclosure Crisis in America! Later today in Mesa Arizona, President Obama will hold a press [...]

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What can I do to stop foreclosure? Are there foreclosure assistance solutions available to help me? These are top questions that many Americans are finding themselves asking today. With so many foreclosures occurring, it leaves families in precarious positions, looking for foreclosure assistance solutions in lieu of foreclosure. Thankfully, there are some great solutions available.
John [...]

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Apart from divorce settlements that ended up in a huge spat between you and your spouse that the neighborhood witnessed, there could probably be nothing more embarrassing than being evicted from your own home. What not many people are aware of is that this embarrassing and frightful situation can become a near possibility especially with [...]

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Foreclosure laws can be very perplexing; foreclosures laws vary from state to state. Sometimes general information may be all that you need to start in the right direction. Make sure that you investigate the laws pertaining to you state or contact a real estate agent or attorney to ensure that you fully understand what you [...]

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