Real estate blog entries tagged with federal trade commission by Cornerstone Home Loans

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Home : Blogs : Evan Vanderwey, The Cashflow Coach : Cash Flow Coach : Tag "federal trade commission"

federal trade commission: Foreclosure: What To Do If You are Facing It - 02/05/08 10:20 AM

There is a lot of misinformation and frustration in the foreclosure process. I hope the following information and links will help you better understand what is happening to you and how you can better communicate to your lender.
"Foreclosure is a legal process by which a bank, mortgage company or other creditor takes a homeowner's property in order to satisfy a debt. The foreclosure is the result of non-payment of the mortgage (including second mortgages and home equity loans); however, people also lose their homes due to unpaid property taxes. As a result of the foreclosure (at the end of the redemption period), … (4 comments)

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Evan Vanderwey, The Cashflow Coach

Okemos, MI

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