In the news and throughout the general American public, last week noted increased consumer confidence and glimmers of hope in the economy. With unemployment at staggering double digit rates in many States, and the US Economy still under severe stress, according to President Obama on Friday, it appears we are still a significant duration awa...Read More

In these tough economic times, more and more lenders are reportedly stepping forward and working with homeowners to avoid foreclosure through loan modifications and other loss mitigation programs. Most of the major lenders are members of the coalition group Hope Now, whose mission is to combat the rising rate of foreclosures.

On Fr...Read More

Foreclosures on home mortgages insured by the Federal Housing Administration are on the rise. Interestingly enough, it would appear that the Obama Hope for Homeowners has had little effect with regard to stemming the increasing tide of FHA delinquencies and subsequent foreclosures.

The Federal Housing Administration, commonly ...Read More

This judgment is entirely up to you! There are multifarious advantages and disadvantages to both, and I'd say it really more depends on your current financial situation. With the current credit crisis, its almost impossible to refinance to the interest rate you could get through a loan modification without pristine credit and plenty of equ...Read More

The American Homeowner is being bombarded on all sides with advice and information from a myriad of sources regarding hiring Legal Counsel to represent them in negotiating a Loan Modification with their current lender.

Recently, the Obama Administration has taken initiative through recent legislation and programs such as Hope Now...Read More

Lately, Loan Modification has been almost omnipresent in the news, and rightfully so. Thousands of homeowners across America are modifying their mortgages to prevent foreclosure, lower their interest rates, and in some cases, lower the principle balances of their mortgages.

Heralded as the New Housing Boom, Loan Modification, defi...Read More