Foreclosure Frauds and Scams

Facing foreclosure is not a fun business and in fact everyone wants to avoid this fate. Unfortunately, in reality this situation is quite often to happen, especially when the economy is in crisis. Foreclosure can be caused by many factors and loss of job is one of the most common ones. Other factors that can [...]

Ways to Stop Foreclosure There are actually quite a few ways that a homeowner can stop (or delay) foreclosure.  Here is a list with a brief explanation for each option. Loan Workout Loan Modification Forbearance Short Sale Foreclosure Bail Out Loan Deed-in-lieu of Foreclosure Chapter 13 Bankruptcy Read More… To Our Success, Mark P.S. Check [...]

Press Release Foreclosure Prevention Efforts Declining and “Disappointing,” State Officials Say State Foreclosure Prevention Working Group Issues Third Report on Performance of Subprime Mortgage Servicing Companies Eight Out of Ten Seriously Delinquent Homeowners Are Not on Track for Any Loss-mitigation Outcome New York, September 29, 2008:  Industry measures to keep homeowners out of foreclosure have [...]

Real estate fraud widespread September 27th, 2008, 12:39 am, posted by Jeff Collins of the OC Register Register reporter Jeff Collins felt like a fly on the wall. He’d been invited to interview California Real Estate Commissioner Jeff Davi at the Orange County  Association of Realtors building in Laguna Hills before the commissioner met with [...]

More Countrywide Lies? It’s not real funny how Countrywide says one thing when they are getting grilled by the press, but when it comes to helping distressed homeowners, it’s like you’re dealing with a different beast.  BOA and Countrywide preach about the many great things they are doing for homeowners, but the reality is their [...]