Posts with tag loan modifications

The Mortgage Fix That Can Save the Economy

The loan modification programs have been a joke. You have a house that has tanked in value and the best the banks can come up with is a plan where they sort of delay what you owe long enough for you to get back on your financial feet -- if that -- based on the flawed logic that the housing market is certain to improve in... Continue Reading »

Homeowners Check List for 2011

Homeowners have different needs than buyers and sellers: Mainly, they already own homes, and therefore are less affected by day-to-day market issues. Still, 2011 promises to bring some new twists to this large group of consumers. Tara-Nicholle Nelson of our sister site, WalletPop.com, gives a glimpse at some of the housing... Continue Reading »

Veterans Day Special on AOL Real Estate

In celebration of Veterans Day, HousingWatch is featuring stories about veterans and active military personnel and their real estate experiences. Here are the top posts: 1. Volunteers Build Homes for Wounded Vet Operation: Coming Home, a team of veterans, homebuilders and other volunteers, are dedicated to providing free... Continue Reading »

Vet Beats Mortgage Mod Scam

In celebration of Veterans Day, HousingWatch is featuring stories about veterans and active military personnel and their real estate experiences. When Hank Neigel, a 66-year-old disabled veteran, realized in February 2009 that he and his wife, Carol, would no longer be able to afford the monthly $1,300 mortgage payments... Continue Reading »

Mortgage 'Vultures' Keep Defaulting Owners in Homes

You might think a vulture is the least likely creature to help you save your home. But there's a group of vultures who are doing just that -- in fact, they're being more of a friend, to many homeowners in trouble, than banks are. One of them, mortgage-bond trader Lewis Ranieri, has developed a method to keep troubled... Continue Reading »

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