Once the face as a local celebrity, a Dallas Cowboy has become a face of Dallas mortgage fraud. Former Cowboys linebacker Eugene Lockhart Jr. has been sentenced over convictions for his role in a mortgage fraud scheme, designed to swindle millions from struggling homeowners. Flagged For Violation Using his celebrity status to attract business, Lockhart  … Read more

In efforts to help homeowners suffering with mortgage debt troubles, the government has enacted several programs to reduce the number of families that could face foreclosure. One source of foreclosure help has been in the form of short sales through The Home Affordable Foreclosure Alternatives Program, which has recently been extended another year. Another Chance  … Read more

There have been many instances in which families lost their homes through unlawful or wrongful foreclosures. Aside from an already turbulent mortgage lending market due to robo-signing, many lenders are also making costly mistakes. One Oregon woman is nearing the end of a three-year battle with her lender over one such mistake. The Long Road  … Read more

There has been much attention over the “fiscal cliff” facing the government as the year comes to a close. With so much on the line in the next few weeks many important decisions have to be made regarding a variety of issues, including tax deductions, mortgage debt help, and the nation’s deficit. Finding Stability On  … Read more

As part of the National Mortgage Debt Relief settlement, 5 banks have been busy fulfilling their obligations to affected homeowners. In California alone, nearly $9 billion has already been shelled out to make an impact on a struggling housing market. Interestingly, one particular type of mortgage debt relief is dominating in California. Saving  Sales California  … Read more

The $25 billion mortgage settlement between the nation’s five largest banks the 49 of the states is in full swing now. Already some $15.8 billion has been provided to those affected by unlawful foreclosures or mortgage debt troubles. Hundreds of thousands of homeowners around the country have already been helped, many more are waiting to  … Read more

Many families already dealing with mortgage debt problems will be facing additional struggles as they return to survey the damage left by Hurricane Sandy. The Governor of New York has issued a state-chartered program to help mortgage borrowers affected by the storm. Delaying Debt Troubles Banks and mortgage service providers will be delaying foreclosures and  … Read more

In a time where even the rich or healthily employed are having a hard time keeping finances in order, it is of no surprise that even a Supreme Court Justice could face mortgage trouble. What does come at a surprise are allegations she committed mortgage fraud in attempt to dodge foreclosure. FBI Investigates The FBI  … Read more

After the devastating storm this week, the last thing that displaced families need is to worry about mortgage debt or foreclosure. President Obama issued a disaster relief declaration for several of the counties in the northeast, part of which includes an effort for HUD to offer foreclosure relief for victims. Relief For Rebuilding Victims in  … Read more

After a rough few years with the foreclosure crisis and overwhelming debt troubles experienced by so many Americans, a new report suggests that consumer confidence is rising. In fact, the outlook for the U.S. economy is improving, especially in the areas of retail and real estate. Thoughts Lead To Action Although not too much has  … Read more