Ask homeowners who have lost their homes to foreclosure and a surprisingly large number complain that they were unaware of important mortgage features when they signed on the dotted line. Whether you are buying, refinancing or already own your home, a clear understanding of your mortgage is key to avoiding the foreclosure process. Smart owners should [...]
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Congress, White House debate solutions to help people keep their homes By John W. Schoen As Congress and the White House continue to work toward solutions to help embattled homeowners, home foreclosure filings took a big jump in the third quarter, according to the latest data from real estate Web site RealtyTrac. Foreclosure actions were reported [...] Financially stressed homeowners have options instead of just moving out It’s the toxic fallout from the “subprime meltdown”: More and more Americans are losing their homes to foreclosure. Sadly, many could escape this fate if they’d just talk to their lenders. Instead, they hunker down and hope against hope that something will happen before the [...] Judges in at Least 5 States Have Stopped Foreclosure Proceedings Because Banks Couldn’t Prove Mortgage [...] |
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