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FORECLOSURE

Is this the 800 pound gorilla in the american foreclosure crisis that no one is discussing?

June 8, 2010

If the mortgage lenders had to lower their standards to make more mortgage loans to americans, has anyone done a study to determine where the credit worthiness of americans stands today in 2008 compared to say 10 years ago in 1998? in other words, is it possible that the fact that so many subprime loans [...]

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what are my rights with a harrassing mortgage lender and save myself from foreclosure?

May 29, 2010

We own a 2005 manufactured home purchased new from Clayton Homes and financed through Vanderbilt mortgage company. In 2005 we accepted an interest rate of 9.75% due to a slow credit problem. With the current economic slowdown, we are consistently 1 month delinquent and to make our anxiety worse, Vanderbilt sends a local representative to [...]

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Foreclosure in June – want to buy house from father for $60,000 that appraises at $90,000. Is there any way?

May 28, 2010

I had a foreclosure in June 2006 because my wife and I both lost our jobs. Tried to work with mortgage company to no avail. My wife and I both have jobs now. My father has a house that was recently appraised at $90,000.00 but he will sell it to me for $60,000.00. Are there [...]

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Who can I contact to help me avoid foreclosure in Michigan?

May 7, 2010

I am facing possible foreclosure on my home. I live in MI and have read about the HOPE program for people like me. My credit is bad because of my defaulted mortgage payments and the company that holds my mortgage does not refinance. Is there any companies in MI that can help me with this [...]

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How bad does foreclosure affect a credit score?

May 6, 2010

Due to an adjustable rate mortgage that increased $250 in one month at the same time my HOA did a special project assessment for an additional $115 per month, I had to stop making payments on my condo. In early October, I moved out and listed it for short sale (I was not eligible to [...]

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