In our efforts to help our former clients or new clients move ahead with their life, we offer tips to improve credit or benefit from new programs (with particular emphasis on those with prior financial burdens). Today, I’d like to summarize some programs that may help to purchase a…
What to expect if you cannot pay your mortgage – This timeline comes directly from the Department of Housing and Urban Development, in other words, HUD: First month missed payment: The lender will contact the buyer by a letter or phone. Second month missed payment: The lender will begin calling…
Once you get out of the habit of making a mortgage payment, it’s hard to get back to making that large payment every month. This is particularly true, with student loans also restarting payments now. What do we do that can help solve this problem for you? We litigate mortgage…
The regular FHA HAMP loss mitigation programs will remain in suspension until October 30, 2024 – next year! All foreclosure sales are to be suspended until the same date. Same with Deed in Lieu negotiations. So what does that mean? All borrowers who are already in default or at risk…
Back in the 2008 foreclosure crisis, one of the biggest problems was the lack of assistance for those who were not on the deed (such as following a death or divorce). Now there are new rules in place for successors in interest for instances where the homeowner may have died…
DO YOU NEED ASSISTANCE WITH DELIQUENT OR SOON TO BE DELINQUENT MORTGAGE PAYMENTS? IS YOUR HOME AT RISK DUE TO A PENDING FORECLOSURE? HAVE YOU BEEN TURNED DOWN FOR A LOAN MODIFICATION IN THE PAST? Well, we have some good news! The U.S. Department of Housing & Urban Development (HUD)…
“When do you need a foreclosure attorney?” was one of our highest performing videos last month. That has motivated me to prepare a series of blogs, guides and new videos to help consumers learn about their options and what they should be aware of when they are behind in their…
I ran across this statistic and wanted to share with you about the DOJ attestation process to discharge federal student loans. A great many are still pending. From 12/5/2022 through 7/15/2023 nationwide: 409 new complaints 205 new attestations (I don’t know what exactly this means) 70 Rec. Guidelines Met 32…
Say you have a private student loan and you have previously filed a bankruptcy. Was your private student loan discharged? I’m presuming you did not file an adversary case to obtain a specific ruling as to dischargeability of these loans. What is Homaidan? Loans that could have been discharged as…
We also would want to take advantage of any other programs out there such as the IDR recount going on right now. Normally, we walk borrowers through the process for that during our strategy session and get it done then. The IDR recount is huge – it’s allowing forgiveness for people…