Jan 19th 2010 1:30PM
If you're one of the 787,231 people who now has a trial modification, you better be sure your paperwork gets completed on time. People whose deadline was December 31, 2009 received an extension until January 31, but the government says there will be no more extensions. The good news is that more people are successfully... Continue Reading »
Jan 13th 2010 1:50PM
If you're a homeowner nearing foreclosure, you may think a short sale offers a good option. With a short sale, the bank agrees to accept less than the amount owed and forgive the rest of the money due. This can be a win-win situation: The seller gets out of a jam without a foreclosure on his or her record, and the bank... Continue Reading »
Dec 4th 2009 6:05PM
In Friday's New York Times, Floyd Norris writes what appears to be a puff piece for JP Morgan Chase, rather than a serious story about "Why Many Home Loan Modifications Fail." No doubt there are people out there having trouble meeting paperwork guidelines. Some people are also not making payments even after they get a... Continue Reading »
