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1st Foreclosure Prevention Blog


Archive for May, 2009

May 22nd, 2009

The Spiral Down: How We Got Here, The Up-Side: How to Help

The banking crisis is highlighted by homes around the US that are in foreclosure or that have already been foreclosed. The high percentage of job losses and cuts in salary greatly affected the homeowners’ abilities to make mortgage payments on already over mortgaged homes. The over mortgaged homes were based on property assessments that were [...]

posted by admin at 1:45 am
1 Comment | Categories: Alternatives to suffering Foreclosure, Dealing with lenders, Loan modification specialist, Saving your home from Foreclosure, foreclosure | Tags: , , , , , , , , , ,
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May 22nd, 2009

Banks Point Fingers Instead of Helping Homeowners

The US home foreclosure crisis has created a stir of accusation among the various banking institutions. The pointing of fingers and casting of blame has been untrue in many areas. Homeowners that were blinded by love for a home and disillusionment had purchased houses over their income levels. Other homeowners had taken a gamble of [...]

posted by admin at 1:41 am
3 Comments | Categories: Alternatives to suffering Foreclosure, Dealing with lenders, Loan modification specialist, Mortgage help, Saving your home from Foreclosure, Short Sale, foreclosure, laws | Tags: , , , , , , , , , ,
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