A $2 billion state program was created to assist struggling homeowners maintain their mortgage payments and avoid foreclosure. The Keep Your Home California program offers four different areas of assistance for homeowners experiencing hardships. Program Basics The Unemployment Mortgage Assistance Program provides up to $3,000 a month to qualifying homeowners who have experiences and involuntary  … Read more

Mortgage scam and foreclosure fraud cases have been on the rise over the last few years. As scam artists get more savvy with their targeting techniques, many innocent homeowners looking for mortgage relief have fallen victim to such companies. Fortunately, the government has not turned its cheek and has been working diligently to stop such  … Read more

Commercial mortgages aren’t immune to the effects the economy has had on real estate. Many businesses are holding onto mortgages for dear life in hopes of weathering the economic storm. However, as property values have declined and foreclosure numbers peaked even large companies are looking for ways to lower mortgage costs.   The 504 Program  … Read more

Homeowners in Connecticut will get a unique opportunity to get free foreclosure help for their underwater mortgages. State officials have organized a way to extend help to tens of thousands of homeowners nearing foreclosure. The convention will be held on Tuesday, November 15th at the Connecticut Convention Center, offering residents a chance to get help.  … Read more

In the midst of the foreclosure crisis, Washington has been anything but quiet. Even state government officials have been speaking out about the need for mortgage reform and help for underwater homeowners. Despite recent efforts to help struggling homeowners, many are still pushing for more action to be taken. Speaking Up For Homeowners California’s Attorney  … Read more

Facing foreclosure is a stressful time for anyone whose mortgage debts became out of their reach. The recent foreclosure crisis spurred an even worse pattern of foreclosure scams and unprofessional lending practices. Once news of the scandals broke, further investigation revealed the problem was much deeper than originally thought. Banks of all sizes and reputations  … Read more

Many homeowners with underwater mortgages have been searching options looking for relief outside of the foreclosure process. The Home Affordable Modification Plan is a program that was designed to help homeowners through mortgage loan modifications that could lower monthly mortgage payments. Many homeowners have applied, but a large percentage have not been able to successfully  … Read more

Underwater mortgages, foreclosures and homeowners frantically scrambling to save their homes is a common occurrence for at least one family per neighborhood. It seems as though no one is exempt from the economic struggles that have plagued the housing and job market for the last few years. However, now that foreclosure rates have hit an  … Read more

In the midst of an economic crisis, President Obama has been on the move to offer help for Americans suffering from financial hardships. Whether the issue is overwhelming student loan debt, bankruptcy or foreclosure, Obama has been on a mission to help our nation try to stay afloat in tough times. In The Works The  … Read more

As so many homeowners have faced, or will face, foreclosure the country is left to wonder who will be next.  Fortunately, the crisis has not gone unnoticed and the government has stepped in to help struggling homeowners. There have been several federal programs developed aimed at helping homeowners avoid foreclosure and get out of mortgage  … Read more