foreclosure assistance: CA Mortgage Foreclosure Information - 10/10/08 03:28 PM
ForeclosureInfoCA.org is brought to you by the State Bar of California & the Public Interest Clearinghouse.
The site addresses concerns for both homeowners and renters facing foreclosure. It provides links to helpful government sites and also for free or low-cost legal assistance - there's even a senior's legal hotline. You'll also find informative links to California's foreclosure process & timelines.
Don't miss the link for LawHelpCalifornia.org which helps Californians find legal referrals & self-help resources.
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foreclosure assistance: How is Your State Responding to the Foreclosure Crisis? - 10/10/08 02:55 PM
The Center for Responsible Lending estimates that one in 33 U.S. homeowners will be in foreclosure within the next 2 years. Nevada, California, Florida & Georgia are among the states hardest hit by the national foreclosure crisis, California also being among the hardest hit by ARM foreclosure starts.
Among the steps taken by California to help ease this crisis:
Launched a task force Regulates high-risk loans Encourages lenders to modify defaulted loans Mandates that lenders give borrowers in danger of defaulting early notice about available assistance Has sought voluntary agreements with loan servicers to offer borrowers steps to prepare for payment … (4 comments)
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foreclosure assistance: Foreclosure Bailout There May Be Help Available To You - 10/13/07 01:21 PM
Has the adjustment period for your mortgage recently caused your monthly payment to increase? Are you having trouble meeting those larger payments? Have you received a Notice of Default?
With the national (and state) foreclosure rate at an all time high, help has arrived! The FHASecure program is available to you.
This program is designed to assist those who have a past history of on-time payments prior to a payment adjustment to to their home loan. If your monthly payment has increased to an amount that you simply cannot afford help in the form of refinancing to a fixed rate … (5 comments)
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