Posts with tag foreclosure prevention

Every Republican on a Colorado House committee voted no last week to a bill that was to provide housing counseling and foreclosure-prevention services to families trying to hold on to their homes; while at the nation's capital mortgage servicers agreed to do better by homeowners facing foreclosure across the nation. The... Continue Reading »

An elderly woman is suing two banks and a law firm that tried to foreclose on her Deptford, N.J., home after she missed making her final mortgage payment of $432 when she was in the hospital, reported the Associated Press. The tragedy possibly could have been avoided had she taken some precautions, say experts who spoke to... Continue Reading »

Foreclosure preventions were a leading priority when the Obama administration committed $50 billion in aid to troubled homeowners at the start of 2009. But as of October, the Treasury Department had spent only $600 million on the government's mortgage modification program, a mere drop in the bucket when compared to the... Continue Reading »

Last year was difficult for Adline Peck and her husband. Peck, who lives in Inkster, Mich. was battling medical issues, and her husband had been laid off from work. Though they struggled to make their monthly mortgage payments, they continued to try their best, even if it meant sending in payments a week or two late.... Continue Reading »

Ah, to be a Real Housewife of Orange County. While many of her O.C. neighbors are being sucked down the foreclosure drain, Alexis Bellino -- she of "The Real Housewives of Orange County" fame -- and her husband, Jim, have been spared the pain and humiliation of losing their home in default of their $4.6 million loan.... Continue Reading »