Video: Missing Payments to Qualify for a Loan Modification May Cost Your Home
ABC – The Making Home Affordable Program was supposed to help many qualified homeowners save their homes by lowering their payments. Instead, the program led many Utahns deeper into debt, and foreclosure for some.
Three thoughts on the foreclosure documentation scandal
On monday the American Banker ran a well written story by Jeff Horwitz on the document problems slowing down foreclosures. It focuses on whether document custodians actually have the possession of key documents, including especially promissory notes. The article (subscription requried; 2010 WLNR 21191843) quotes document custodians insisting that they have all the documents they need, but it also includes some scepticism from Diane Thompson, April Charney, and Max Gardner. It is good to see financial journalists paying more carefull attention to consumer rights advocates.
This being said, I think the story is still missing some important points. Because I have a million other things to do today, I’ll limit myself to three thoughts that jump to mind. F
Homeowner Mike Dillon Has Been Fighting Home Stealers Since 2002
Moe - Have you been screwed by your mortgage servicer? Are you being abused through the foreclosure crisis? Maybe this story about Mike Dillon below who has the courage to fight back will give you motivation to do the same.
The question that I have for you is simple: Are you willing to stand up and fight this abuse or are you going to lie down and be abused as you are thrown out of your home? Well, Mike Dillon was not willing to be screwed and he is still in his home. With that said, if he can do it, you can too!
In 2005, a New Hampshire judge agreed that the servicer’s “sleight of accounting resulted in improper assessments” against Dillon and, citing a “predatory scheme of penalties,” barred the foreclosure and ordered that the loan be reinstated without penalties as of August 2005.
Five years later, Dillon is still in court trying to resolve the dispute. While he i
Fast Christmas Loans – Help for Your Christmas Needs
Christmas season begins! Your budgeting issues begin along too! Yes people! We all love celebrating Christmas the best way we can, but have you ever noticed the high credit bills? The over expenditure? The need for extra loans to buy Christmas presents, food stuff, decorations and the list goes on. Keeping the need for extra cash in hand during this festive season, a new type of loan has emerged, known as the Fast Christmas Loan. Let’s take a look at what this loan is all about and how you can benefit from it.
What Are Fast Christmas Loans?
Fast Christmas loans are unsecured personal loans that are granted to you without any need of credit verifications. These loans are meant especially to aid you for the Christmas season, and therefore they range between a few hundred to ten thousand dollars and not more than that.
Benefits of Fast Christmas Loans
You must be thinking why you should choose fast Christmas loans instead of the other regular fast cash loans.