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1st Foreclosure Prevention Blog


Archive for December, 2009

December 19th, 2009

Common Ground Takes a Stance

Members of Common Ground are determined to reverse the trend of foreclosure filings. They want to do more than spread awareness, they want to take action and their main targets are large national banks.

posted by admin at 8:59 pm
No Comments | Categories: foreclosure |  | 

December 19th, 2009

For the Holidays: Citigroup stops Foreclosures

During the holiday season, Citigroup has put about 4000 foreclosures on halt. Both Citi Mortgage and Citi Financial will halt all foreclosure proceedings on first mortgage accounts nationwide and cease eviction on REO properties already seized ceased. This took effect on December 18th 2009 and will remain in effect until January 17, [...]

posted by admin at 8:58 pm
No Comments | Categories: Foreclosure News, foreclosure |  | 

December 19th, 2009

Becoming An Affiliate For 1st Foreclosure Prevention

An affiliate is someone who works with 1st Foreclosure Prevention in an effort to draw people to the company and increase productivity. Those who are seeking a way to work from home and address the foreclosure problem that is affecting the nation can become an affiliate for 1st Foreclosure Prevention.
1st Foreclosure Prevention [...]

posted by admin at 8:56 pm
No Comments | Categories: Affiliate Program, Avoid Foreclosure, Dealing with lenders, Mortgage Mitigation, Mortgage help, Saving your home from Foreclosure, foreclosure, foreclosure mitigation, loss-mitigation |  | 

December 19th, 2009

Stop Foreclosure

If you are heading towards foreclosure, the last thing that you want to do is to ignore the problem. The problem will not go away if you avoid phone calls. However, trying to deal with your mortgage company can be very difficult if you try to do this on your own. Chances [...]

posted by admin at 8:52 pm
No Comments | Categories: Alternatives to suffering Foreclosure, Avoid Foreclosure, Loan modification specialist, Saving your home from Foreclosure, foreclosure, loss-mitigation |  | 

December 19th, 2009

Loss Mitigation Outsourcing

As foreclosures persist to mount in figures, countless are seeking foreclosure help. Those who want to help others from facing foreclosure can get involved with our loan modification program. Loss mitigation outsourcing can work in a number of different ways. There are those who work as affiliates of loss mitigation companies to [...]

posted by admin at 8:49 pm
No Comments | Categories: Affiliate Program, loss-mitigation |  | 

December 12th, 2009

What 1st Foreclosure Prevention Does?

1st Foreclosure Prevention works to help homeowners stop foreclosure, usually by modifying their loans so that they can afford to make their monthly payments. The first step is to give a free foreclosure consultation to the borrower. This examines the amount of money that is due on the property, the worth of the [...]

posted by admin at 6:48 am
No Comments | Categories: Alternatives to suffering Foreclosure, Avoid Foreclosure, Dealing with lenders, Loan modification specialist, Mortgage Mitigation, Mortgage help, Saving your home from Foreclosure, Short Sale, foreclosure, foreclosure mitigation, loss-mitigation |  | 

December 12th, 2009

A Face on Foreclosure

Dan and his family lost their home due to broker’s lies and avarice. When they purchased the home, they had thought that the mortgage had met their budget needs to find out that the mortgage given was a teaser mortgage and raised almost $1000.00 a month after the teaser expired. Dan is not [...]

posted by admin at 6:36 am
No Comments | Categories: Avoid Foreclosure, Dealing with lenders, Mortgage Fraud, Mortgage Scams, foreclosure |  | 

December 12th, 2009

Three Real-Estate Theories Bringing the Economy Down

Interesting article about current foreclosure crisis:
(http://www.businessinsider.com)
“Clobbered bears are now clinging to three real-estate theories that will bring the economy down:
• Commercial real-estate collapse (worst-kept secret ever)
• Option ARM reset armageddon (some analysts think the chart that scares the hell out of everyone here is misleading and out of date)
(http://www.businessinsider.com/john-carney-chart-of-the-day-monthly-mortgage-rate-resets-2009-9)
(http://www.businessinsider.com/henry-blodget-the-coming-alt-a-mortgage-reset-bomb-is-a-myth-2009-8)
• A delayed wave of foreclosures, thanks to mortgage mods [...]

posted by admin at 6:16 am
No Comments | Categories: Adjustable Rate Mortgage, Dealing with lenders, Foreclosure News, Mortgage help, Short Sale, foreclosure, foreclosure mitigation, loss-mitigation |  | 

December 12th, 2009

U.S. Foreclosures nears the 4 Million Mark

According to RealtyTrac, the U.S. is now reaching the 4 million mark in foreclosure with currently 3.9 million foreclosure notices all ready in motion. That is a whole lot of families/people looking at possibly having to relocate or even become homeless. With the unemployment rate, things are not looking any better either. [...]

posted by admin at 5:54 am
No Comments | Categories: Avoid Foreclosure, California Foreclosure, Dealing with lenders, Florida Foreclosure, Foreclosure News, Illinois Foreclosure, Michigan Foreclosure, RealtyTrac, foreclosure |  | 

December 12th, 2009

South Florida Foreclosures Up 15% In November

Expert from an article Business Insider: http://www.businessinsider.com
“To repossess a South Florida residence, a lender must undertake a lengthy and costly legal process that can take up to a year.
Lenders normally plan for a six month to nine month process that will cost between $40,000 and $80,000 per property. In addition to that, many [...]

posted by admin at 5:37 am
No Comments | Categories: Avoid Foreclosure, Dealing with lenders, Florida Foreclosure, Foreclosure News, foreclosure, foreclosure mitigation |  | 

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