Archive for the ‘Foreclosure’ Category

2015 Foreclosure Trends in Georgia

In the wake of additional financial regulation and agency enforcement of settlement agreements, mortgage companies have to be very careful to make sure that there documents are in order before commencing a foreclosure proceeding.  This is especially true if …

A Consumer’s Post-Foreclosure Liabilities

There are various reasons that may cause a homeowner to default on their home loan.  Divorce, separation or unemployment may deprive a consumer of the income necessary to service the home loan, which will eventually lead to the foreclosure of

What Consumers Need to Know About Their Post-foreclosure Liabilities

Check out this article about the aftermath that consumers are facing after foreclosure:

http://www.msn.com/en-us/money/news/americans-face-post-foreclosure-hell-as-wages-garnished-assets-seized/ar-BB9dmPO

Loan Modifications and Short Sales: The Hidden Costs

Bankruptcy is often used as a method of foreclosure prevention, especially in Georgia where the foreclosure process is expedited compared to other states.  However, over the last few years, more lenders have been willing to negotiate the terms of mortgage …

Residential Foreclosure: When it May Make Sense to Just Walk Away

Recent news about housing has been positive, as foreclosures have decreased in comparison to recent years.  There are many possible reasons for the reversal of the trend, and many individuals and entities that want to take credit.  But this blog …

FEDERAL GOVERNMENT ENACTS NEW PROTECTION FOR DISTRESSED HOMEOWNERS

                Beginning October 1, 2012, there will be new protection for homeowners who are facing foreclosure.  The change reflects an ongoing problem which has greatly affected Georgia homeowners, and prevented many of them from being able to prevent the foreclosure

Beware of mortgage loan modification scams!

Click Here to Read More.…

Relief Available for Distressed Homeowners

RELIEF AVAILABLE FOR SOME DISTRESSED HOMEOWNERS UNDER SETTLEMENT EXECUTED WITH UNITED STATES ATTORNEY GENERAL AND UNITED STATES TRUSTEE PROGRAM

After years of investigation into abusive mortgage practices of certain lenders by the United States Attorney General and United States Trustee, …