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Reverse Mortgages – Good Not Bad

Posted in Selected

Most Seniors Should Consider the Reverse Mortgage From Martin Andleman What’s WRONG with Richard Cordray of the CFPB? Tell Me How Can This...

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Servicers Make More Money By Modifying Than By Foreclosing

Posted in Mortgage Modification

Thanks to Martin Andleman and Mandleman Matters Why Does Ocwen Want to Modify Loans? Answer: Because they profit by doing so.   In case...

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Zombie Foreclosures

Posted in Foreclosure

CFPB: Zombie foreclosures hurt borrowers The Consumer Financial Protection Bureau is keeping an eye on “zombie” foreclosures, which it...

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Force Placed Insurance

Posted in Selected

How to avoid getting sucked into a force-placed insurance fight CFPB enforces 5 standards. Know them. March 18, 2014  Thanks to...

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New Federal Rules on Foreclosure

Posted in Foreclosure

New Federal Rules on Foreclosure —By Erika Eichelberger – Thanks to Mother Jones On Thursday, the Consumer Financial Protection...

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Washington MERS Suits Fail

Posted in Foreclosure Defense

Judges Dismiss MERS Suits By Evan Nemeroff Two borrower-initiated lawsuits alleging that the Mortgage Electronic Registration Systems role...

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Eminent Domain – Tool For Principal Reduction

Posted in Eminent Domain

There are homes by the thousand in which the home mortgage is in default and in many cases the homes are abandoned. These are homes where...

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Chapter 13 Plan Duration

Posted in Bankruptcy

No Minimum Time Length For The Ninth Circuit by Bankruptcy Law Network (BLN)  Written by Michael G. Doan Thanks...

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Modification on Rental

Posted in Mortgage Modification

It is harder to get a mortgage modification on a rental property than it is on an owner occupied property. The rules are not as clear. You...

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Making Home Affordable Continues

Posted in Mortgage Modification

HAMP continues aiding borrowers Three firms still fall short in meeting servicing goals. Thanks to Housing Wire. Kerri Ann Panchuk...

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Rental Property Modification

Posted in Mortgage Modification

This is a rental property modification. Ocwen was the servicer, and the investor was Washington Mutual and now Chase. The owner quit...

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$157,105 Wells Fargo Principal Reduction

Posted in Mortgage Modification, Principal Reduction

JS is a hard working taxi driver. He came to us after a financial hardship, including a divorce. Ocwen is his servicer, however, the...

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