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Homeowners Forum Helps Fix Loans and Save Homes

LoanSafe.org is a support community that is built around the premise of paying it forward. These homeowners were able to stop foreclosure with the assistance of this great website and the community. We hope to have more success stories in the future and please consider joining our fight to save our homes from foreclosure. Success Letter of [...]

17Jan2008 | Moe Bedard | 2 comments | Continued
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City Sues Mortgage Lender Over Foreclosures

An unprecedented federal lawsuit filed Tuesday by the city of Baltimore accuses mortgage giant Wells Fargo of engaging in predatory and discriminating loan practices. City officials estimate they could recoup “tens of millions” in damages.

10Jan2008 | iaff_staff | 0 comments | Continued
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Countrywide Gives Three Lucky Homeowners a Break With Loan Modifications

If anyone understands just how difficult it is to obtain a loan modification, they will tell you that getting one is almost like winning the lottery. The odds are severely stacked against you and your chances getting one are close to nil. In fact, you are lucky to even apply for one. I am fortunate enough to [...]

8Jan2008 | Moe Bedard | 1 comment | Continued
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Tax-Exempt Bonds May Be Used to Help Homeowners Refinance

With foreclosures on the rise in nearly every area of the country, the White House is under pressure from consumer advocates to do something to address the crisis. One of the latest solutions involves letting states issue tax-exempt bonds to help troubled homeowners refinance.

4Jan2008 | iaff_staff | 2 comments | Continued
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Facing Foreclosure With Chase

First let me thank Moe for this site, it is great! Where do I begin? In June of 05 we bought our second home. We did a 2/28 with a starting rate of 8.5. Not a great rate but it worked. Our payment was $2400 which quickly went up to $2650 because of taxes. All [...]

2Jan2008 | Moe Bedard | 10 comments | Continued
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Nevadans, “Watch Out for Foreclosure Scams”

Story from the Nevada Appeal; “Unfortunately, home foreclosures are on the rise in Nevada and that has given scam artists fertile ground for cheating those desperate to keep their homes,” said Masto. “If you are facing foreclosure, I encourage you to talk with your mortgage lender before accepting help from an outside party.” Nevada Attorney [...]

15Dec2007 | Moe Bedard | 0 comments | Continued
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I might lose my home. My home!

Kelly Hansen WELLS FARGO, dba, AMERICAS SERVICING COMPANY TURNING THE AMERICAN DREAM INTO A NATIONWIDE NIGHTMARE My lovely home of seventeen years is up for a Sheriff’s sale on October 3, 2007. My home. I pray Disaster Relief is made available immediately for families in crisis. For a record number of home owners, the American [...]

14Dec2007 | Moe Bedard | 0 comments | Continued
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JACKSON HIGHLIGHTS FORECLOSURE PREVENTION MEASURES AT WORKSHOP TO HELP MICHIGAN FAMILIES KEEP THEIR HOMES

HUD announces incentives for using reliable, government-backed mortgages to find a homeDETROIT – More Michigan families can obtain financial relief from their exotic subprime home loans, thanks to a new government-backed refinancing resource offered by the U.S. Department of Housing and Urban Development’s Federal Housing Administration (FHA). HUD Secretary Alphonso Jackson highlighted the new FHASecure [...]

7Dec2007 | Moe Bedard | 0 comments | Continued
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House passes bills to help homeowners facing foreclosure in Michigan

From Crain’s Detroit Business; The state House on Tuesday passed a package of bills to offer new refinancing options to Michigan homeowners facing mortgage foreclosures. Democrat-sponsored House Bills 5443-5447 establish programs to allow some homeowners who have adjustable-rate mortgages or who have missed mortgage payments to refinance and secure lower-interest, fixed-rate loans through the Michigan [...]

5Dec2007 | admin | 0 comments | Continued
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Reverse Mortgages as a Foreclosure Prevention Device

Peter Miller wrote a great blog post about using reverse mortgages as a foreclosure prevention device. Many seniors may get much needed assistance in avoiding foreclosure with a reverse mortgage. To make a reverse mortgage work as a foreclosure prevention device you generally need to be age 62 and above (there are some exceptions) and [...]

4Dec2007 | Moe Bedard | 0 comments | Continued

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