Monday, October 11, 2010

GMAC Mortgage Home Loan Modification Plans, Mortgages, And Foreclosures–Are Homeowners Getting Aid?

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Last week, Jaime Furtado protested on the Capitol steps against Wells Fargo and their “foreclosure acceleration” policy in the midst of other banks freezing foreclosures and various states calling for a freeze. After attempting to negotiate with Wells Fargo since March of this year… Go to Source @import ‘http://heyzap.com/elightbox/lightbox.external.css’; var heyzap_link = new Heyzap(‘heyzap_games’, {“embed_key”: [...]

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It’s too early to tell how bad the foreclosure freeze is going to be for consumers and lenders, but make no mistake, this recent turn of events will be especially painful to one group… agents. Now most of us have dabbled with short sales… Go to Source @import ‘http://heyzap.com/elightbox/lightbox.external.css’; var heyzap_link = new Heyzap(‘heyzap_games’, {“embed_key”: [...]

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I have been reading the best book I’ve ever read on preparing financially for college. The book is Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents and I’ll be sharing a bit of it over the next several days. We’ll start with what the author [...]

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Would you buy a foreclosed home now, knowing full well the title may be clouded by mortgage fraud? I wouldn’t. Anyone who would without title insurance is asking for a huge legal mess. Moreover, because of fraudulent procedures, bank of America and other companies have halted all foreclosures. See 40 State Attorneys General to Investigate [...]

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Courts are contributing to foreclosure delays in some states. Go to Source @import ‘http://heyzap.com/elightbox/lightbox.external.css’; var heyzap_link = new Heyzap(‘heyzap_games’, {“embed_key”: “d673fbb81e”}); Play games on Finance Blog

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Anger’s been building since the housing market imploded years ago. One real-estate agent says we’re at “Ted Bundy crazed” levels. Go to Source @import ‘http://heyzap.com/elightbox/lightbox.external.css’; var heyzap_link = new Heyzap(‘heyzap_games’, {“embed_key”: “d673fbb81e”}); Play games on Finance Blog

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Here is a look at real-estate news in the weekend’s and Monday’s WSJ Go to Source @import ‘http://heyzap.com/elightbox/lightbox.external.css’; var heyzap_link = new Heyzap(‘heyzap_games’, {“embed_key”: “d673fbb81e”}); Play games on Finance Blog

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The popularity of foreclosure these days makes government of various countries prepare for regulations that will be helpful to their people. They even prepare an awareness drive so that homeowners with existing mortgage loans will know how to act during foreclosure times and how to even avoid foreclosure from happening to them. The awareness drive [...]

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Nearly 4 million homeowners can be qualified for Obama loan modification assistance. Attributing a new mortgage rate as low as 2% is designed to keep the borrowers in their homes and avoid foreclosures and defaults. One should not hesitate to apply for help as this program is working with the taxes paid by all individuals, [...]

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The Securities Industry and Financial Association issued a brief statement Monday morning warning against growing calls to halt foreclosure nationwide. Tim Ryan, CEO of SIFMA, said such an action would be catastrophic to the housing recovery. Furthermore, the damage will also extend to the the average American wage earner, he said. "It must be recognized [...]


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