Foreclosure Help Blog

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 [...]

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 [...]

If you have been missing your monthly loan payments and you have received default notices from your lender, do not ignore the notices and do not keep on delaying action. Find information on how to stop foreclosure at government web sites and ask help from HUD-certified housing counselors in your area. The further you get [...]

You can still stop foreclosure HUD even if you have been rejected or are not qualified for loan modification under the Obama administration’s foreclosure prevention program. You can choose from alternative foreclosure prevention options that several lenders have approved as valid loss mitigation options. When a borrower becomes delinquent for three months or more, the [...]

If you are already behind by two or three months in your home loan payments and the bank has already sent you a default notice and a final warning that the next document would be a foreclosure notice, you are now probably considering obtaining stop foreclosure loans to pay your arrears plus the interest and [...]

At this time when everyone is holding on to their properties, how can you be sure that you are safe and secure. If you are a homeowner, you might have gotten extra careful and worried about your house, since there have been a lot of foreclosures cases in the past months. Be informed about how [...]

A lot of homeowners are not able to pay their home mortgages. This has been causing a lot of foreclosure cases across the country. If you are one of the troubled homeowners who are facing the threat of forclosure, you can adopt some of the following steps so that you can prevent foreclosure: Maximize the [...]

If you are currently facing a looming foreclosure, you must know how to write a good hardship letter. A hardship letter will explain your delinquency and would probably let your lender do some adjustments for you to catch up and stop your foreclosure. A hardship letter must be honest. Only the true and current financial [...]

Many say that Americans are only a couple of hundred dollars away from dodging foreclosure. An average American spends $200 to $400 a month for pointless buys and expenses. These hundred of dollars are usually used for needless luxuries like cigarettes, beer, coffee, cable, etc. Avoiding coffee shop visits, passing on a Friday night out [...]