Our service members have been no stranger to the  mortgage crisis. In fact, many active duty members have had to face foreclosures and evictions while away serving in our armed forced. While there are some additional protections for service members and veterans, these protections are not always enough to stave off mortgage trouble. However, the  … Read more

In an effort to bridge the gap in loan modification services, Florida began a foreclosure mediation program back in 2009. As one of the hardest hit areas for foreclosures, Florida’s officials were hoping the  program would result in more successful loan modification efforts. However, data suggests the program has negligible effect on the success of  … Read more

After much scrutiny and criticism, Wells Fargo is looking to repair their image. Having been a big player in the recent mortgage and foreclosure fraud issues, Wells Fargo & Co. was one of many big banks ordered to pay millions in restitution payments. Now that the court battle is over, the company is looking to  … Read more

As many local government shut down protestor camps for the Occupy movement, many local groups have begun shifting their focus to new battles. Now the foreclosure crisis is at the top of the list of demands for some Occupy groups across the country. Vowing to occupy foreclosures and help homeowners fight eviction, many of these  … Read more

In light of recent lawsuits, big banks have had to face the music and pay up regarding their behavior in certain  mortgage lending practices. Most of the lawsuits have come after struggling homeowners jumped through hoops to save their homes, only to find out that lenders weren’t holding up their end of the deal. Many  … Read more

It turns out that it isn’t just the government who has taken notice of the foreclosure crisis, but now private protestors groups as well. Known for their recent political movements to take a stand against current government policies, Occupy protestors are now adding another cause to their list; foreclosures. Occupy Homes Many cities have issued  … Read more

Military members have long had special rules that help protect them and their families from certain harm as a benefit of being a service member. One example is the additional benefits and special mortgage loans that military members are eligible to receive. Now with foreclosures plaguing the nation, one state is looking into several claims  … Read more

As foreclosure issues continues to creep into every neighborhood in America, state governments are becoming more vigilant about developing a game plan to better protect struggling homeowners. Nearly 19,000 Oregon homeowners received a foreclosure notice in October. However, this year’s efforts by Oregon’s legislature proved fruitless and two bills failed to reach the floor in  … Read more

Some might say that the foreclosure crisis has had a beneficial effect on the housing market; namely, a drop in mortgage delinquencies. While this might seem harsh, many are pointing to a “hard lesson learned” that serves as a deterrent for others struggling with their mortgage debts. But before we attribute the drop in delinquencies  … Read more

After it was announced last week that Google had suspended the advertising campaigns of nearly 400 mortgage modification scam companies, more online agencies have stepped up efforts to do the same. A government office dedicated to policing the efforts of so-called “relief programs” and protecting taxpayers has also joined the fight, shutting down many more  … Read more