Foreclosure Help Blog

Troubled homeowners can stop home foreclosures through the federal short sale program launched last November 2009 and enhanced for the April 2010 launching despite the obvious loopholes.

Homeowners trying to stop home foreclosures should decidedly brush aside offers of foreclosure prevention help that focus on mortgage loan audits because these are new ways crafted by deceitful people to take advantage of the vulnerability of distressed borrowers.

Efforts to stop foreclosure homes have been stepped up by Wells Fargo for its distressed borrowers across the U.S. in response to calls by various sectors for the prevention of further foreclosures.
Wells Fargo has been promoting three schemes by which its troubled borrowers can get help, in addition to carrying out the Home Affordable [...]

The stop foreclosure process has been stepped up in Indiana by state judges, legislators, lawyers and professionals.
This week, Indiana Supreme Chief Justice Randall Shepard informed the public that over 1,000 judges, lawyers and foreclosure prevention mediators have completed their training to be able to handle foreclosure cases better.
Under the leadership of Judge Shepard, [...]

Stopping foreclosure in Massachusetts has become easier or harder, depending on which side one is on, after Massachusetts Judge Keith Long affirmed the decision he issued in March, declaring invalid two foreclosures filed by U.S. Bank and Wells Fargo because of missing mortgage transfer documents.
In his ruling this October, Long rejected a request from [...]

Stopping the foreclosure process for 500,000 homeowners by November 1 this year was the goal set by the Obama administration last July, and according to Obama officials, the administration achieved this goal more than two weeks early.
Federal officials said that 500,000 distressed borrowers were put into a three-month trial loan modification program by mortgage [...]

Stop foreclosure process through short sales, according to the U.S. Treasury Department. A Treasury spokesperson announced that the department is now working out an incentive program that will encourage mortgage firms to use short sales to help homeowners avoid foreclosure.
This short sales program was first considered in May, and the department is now finalizing [...]

The U.S. government can stop foreclosure process by implementing two consumer-oriented strategies, according to Jeff Sovern, a consumer law professor at St. John’s University in New York.
One is the reconsideration of the bankruptcy proposal rejected by the Senate in April this year and the other is the creation of the Consumer Financial Products Agency, [...]

Homeowners can stop foreclosed houses by demanding any entity foreclosing on their mortgages to show the original mortgage notes.
In judicial foreclosure states like New York and Florida, homeowners can delay foreclosure proceedings by filing in court a legal request to advise lenders to show original mortgage notes before proceeding with foreclosures.
Because of the modern [...]

Stop foreclosure homes has been one of the key statements made by Iowa Attorney General Tom Miller when he met with Obama administration officials and other state attorneys to discuss strategies in preventing mortgage fraud in his state.
Miller’s concerns about foreclosures intensified after getting more information about the resetting of pay option adjustable rate [...]