Free Foreclosure Information

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The Real Alternative To Walking Away Is A “Back Door Cram Down”

I get many folks who have refinanced that second mortgage, or who want to keep their homes, but can’t pay for the adjusted payment on their mortgage, or don’t want to pay on a house that worth substantially less than they owe on it. They have tried to get the bank to work with them, but are frustrated because the bank won’t talk unless they are two payments behind and the only thing the bank will do is freeze their payments or add their arrears to their loan balance. Banks will not reduce the principal amount on loans to fair market value to save a borrower from foreclosure. They just won’t do it.

Once again it’s the 80/20 loan to the rescue.

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18May2008 | | 11 comments | Continued
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Hillary Clinton Proposes New Mortgage Bailout Plans

Presidential candidate Hillary Clinton unveiled a new four-part mortgage relief plan at a speech before 150 elected officials and students at the University of Pennsylvania yesterday. The plan calls for immediate action and direct government intervention.

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25Mar2008 | | 6 comments | Continued
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Free Foreclosure Help from Loan Safe

By Moe Bedard Founder of Loan Safe  Our forum at www.LoanSafe.org has been offering free foreclosure help to homeowners for the past 6 months and has become the #1 most trusted website for struggling borrowers. Over 25 homeowners have saved their home by getting mortgage help using the tools on this website to negotiate a loan [...]

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26Feb2008 | | 1 comment | Continued

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